In advanced______________(1940-present),ownership and control of major industrial and business sectors have become increasingly concentrated.

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Monopoly capitalism refers to a capitalist economy in which a few large corporations or companies dominate the market and control the production, distribution, and pricing of goods and services. This has been the trend in advanced economies since 1940-present, leading to increased concentration of ownership and control of major industrial and business sectors. Pure capitalism and socialism both promote more distribution of ownership and control, while democratic socialism advocates for a mix of public and private ownership.

In Advanced______________(1940-Present),ownership and Control of Major Industrial and Business Sectors