👉 A cartelized system is a political or economic arrangement in which two or more groups of people, organizations, or countries have agreed to work together towards a common goal. This can be achieved through various means such as trade agreements, joint ventures, or even alliances. In a cartelized system, the goal is often to achieve economies of scale and reduce costs for all parties involved. The cooperation may lead to increased efficiency in production, reduced prices, and improved access to resources. However, it also poses