The effects of monopolies and cartels on the consumer

In an economic system with monopolies and cartels that fix the price of goods, the end result for consumers is that consumers are given worse choices and pay a higher price. This is a result of the lack of competition in the market that would drive prices down and offer more choices to consumers.

"harry t. moore (1905-1951) – civil rights activist, leader, and the first martyr of the civil rights movement. fannie lou hamer (1917–1977) – leader in the american civil rights movement; co-founder of the national women's political caucus and freedom democratic party. james farmer (1920–1999) – congress of racial equality."

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