U.S Postal Service As a Monopoly
In the United States economy most markets can be classified into four
different markets structures. But, each and every market in the United States
is completely unique from the others. Generally the best type of market
structure for the general public is per-fect competition because it creates the
lowest possible price for the public. There are some exceptions were perfect
competition isn't the best choice for the public on account of various reasons.
The United States Postal Service is one of them and since the Postal Service is
a monopoly, it is its own market. This paper will discuss the budget dilemmas
that the postal service has faced for the past twenty years and if it is in the
best interest of the economy for the United States Postal Service to continue as
a monopoly.
The first time there was talk of privatizing the Postal Service was
in1979 when the Postal Service was losing vast amounts of money in the long run.
But......
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Approximate Word Count: 1275
Approximate Pages: 5 (260 words per double-spaced page) |