What Are the FOUR Market Structures in Economics? | [WITH EXAMPLES] | Think Econ

Learn about the four market structures in economics, including perfect competition, monopoly, monopolistic competition, and oligopoly. Understanding these different market structures is crucial for businesses to develop effective strategies and make informed decisions. In this video, we'll break down each market structure, their characteristics, and real-world examples to help you grasp the concepts. Whether you're a student of economics, a business owner, or simply interested in how markets work, this video is for you. So, let's dive in and explore the four market structures that shape the business world!