What are the differences between a perfect or pure monopoly a monopolistic competition oligopolies a perfect or pure competition?

Answer:

Not many differences. Capitalism favors competition among private companies, but rarely creates monopolies. One source, in the references, says monopolies can be created by governments more than private companies.

References:
http://www.americansolvent.com/2009/07/03/competition-vs-monopoly-whats-the-big-confusion/

First answer by Georgewbush1935. Last edit by Georgewbush1935. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 1 [recommend question].