Briefly explain the concentration of economic power
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Concentration of economic power is the outcome of advanced capitalism, which generally leads to monopoly.
Concentration of economic power means bringing all such power so generated by the factors of production under a common control either in the field of production and distribution of products or services.
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Concentration of economic power means bringing all such power so generated by the factors of production under a common control either in the field of production and distribution of products or services. Concentration of economic power is the outcome of advance capitalism, which generally leads to monopoly
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