Explain the evils of monopolies.

Monopolies are a very evil kind of market. When there are many companies producing a good they would produce a certain amount of a product and sell it at a competitive price that would not be too cheap but not be too expensive since if it made it too cheap then nobody would earn money, and if they made it too expensive then their rivals would make money.

But monopolies make a small amount of products that are extremely overpriced for what they are. They can do this since there is no other company to oppose them and they can do whatever they want with the price.

abraham lincoln was the president of usa and he had asked the audience to make a pledge on equality.

his pledge was:

“it is my earnest desire to know the will of the providence.”

lincoln also had hatred for people who condoned and practiced slavery and so he pledged:

""and if i can learnt what it is i can do it"" this is another pledge by abraham to reassure the congregation on how to deal with the providence will.

explanation:

hope this !