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market place vs monopoly

monopoly vs market place

market place and monopoly both are nouns.

Word NounAdjectiveVerbAdverb
market place Yes No No No
monopoly Yes No No No
As nouns, monopoly is a hyponym of market place; that is, monopoly is a word with a more specific, narrower meaning than market place:
  • market place: the world of commercial activity where goods and services are bought and sold
  • monopoly: (economics) a market in which there are many buyers but only one seller
market place (noun) monopoly (noun)
the world of commercial activity where goods and services are bought and sold (economics) a market in which there are many buyers but only one seller
an area in a town where a public mercantile establishment is set up exclusive control or possession of something
Difference between market place and monopoly

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