In the early years of the 20^th century,the phone network in the US operated as a _____. A)regulated monopoly B)regulated duopoly C)competitive industry D)regulated oligopoly

Question

Quizplus · Accepted Answer

During the early years of the 20th century, the phone network in the US was dominated by one company- the Bell Telephone System. This monopoly was tightly regulated by the government, with prices and services controlled by government agencies. Therefore, the best answer is a regulated monopoly.

In the Early Years of the 20th Century,the Phone Network

In the Early Years of the 20^th Century,the Phone Network