![Economics 101: Natural Monopoly](https://i0.wp.com/sterlingterrell.net/wp-content/uploads/2016/12/1-35.jpg?fit=636%2C412&ssl=1)
[This is part of the series: The Complete Guide To Economics 101.]
What is a natural monopoly?
A Natural Monopoly is a monopoly that grows out of an industry with high barriers to entry.
Take for example, car manufacturers. There are only a handful of them. Why?
Probably because building a car manufacturing plant costs a ton of money.
And not everyone can afford to run out and build one.