Math for Personal Finance Tournament Definition: Monopoly exclusive control of a commodity or service in a particular market or a control that makes possible the manipulation of prices History of Monopolies Next Probable Monopolies?? the practice started during the Advanced Industrialization with companies such as Standard Oil and Carnegie Steel Company GOOGL NFLX FB MSFT The Sherman Antitrust Act was the frist Federal statute to limit cartels and monopolies and still forms that basis for most antitrust litigation by the U.S. government today MON BUD Some of you need some other companies to look into for tomorrow... Are these anything you want to invest in? How Charles Darrow made Monopoly... https://www.youtube.com/watch?v=sitqpljqslw More than 275 million games have been sold worldwide and it's available in 111 countries in 43 languages
The longest Monopoly game in history lasted for 70 straight days The most expensive version of the game was produced by celebrated San Francisco jeweler Sidney Mobell. Valued at $2 million, the set featured a 23 carat gold board and diamondstudded dice. In 1978, Neiman Marcus Christmas catalog offered a chocolate version of the game priced at $600 Children play Monopoly all over the world, but where they live may determine the highest rent property. In the U.S. it is "Boardwalk" after the street in Atlantic City. In Spain it is named "Paseo del Prado" after a street in Barcelona During World War II, the British Secret Service used Monopoly in their work. Escape maps, compasses, and files were inserted into Monopoly game boards and smuggled into POW camps inside Germany in WWII. Real money for escapees were slipped into packs of Monopoly money
Based on probability, the most commonly landed on Monopoly square (not counting Jail) is Illinois Avenue Followed by GO, New York Avenue, B&O Railroad, Reading Railroad, and Tennessee Avenue The least likely square you'll land on is Mediterranean Avenue. Just above that are Baltic Avenue, Luxury Tax, Park Place, and Oriental Avenue. There is no real place named Marvin Gardens. It was misspelled from Atlantic City's Marven Gardens in the first prototype and was never fixed Only 2 of the 4 railroads were actually accurate when the game debuted in the 1930s. The B&O Railroad never served Atlantic City and there's no such things as the Short Line Railroad In the classic Monopoly game (none of the new, inflation oriented editions), the bank contains $15,140 Illinois Avenue does not exist anymore. It was renamed Martin Luther King Jr. Blvd. back in the 1980s.
The Monopoly mascot's original name was Rich Uncle Pennybags. Hasbro decided to rename him and he is now Mr. Monopoly How to Play Monopoly https://www.youtube.com/watch?v=4hfe97q5kui How to Score Monopoly properties cash We are going to follow the short game tournament rules To start, shuffle and deal 2 properties to each player Youngest player is the banker Roll dice to determine who goes first, then go counterclockwise No money for landing on free parking $100 fine for each observed use of cell phone You can collect rent when in jail
We are going to follow the short game tournament rules Build properties evenly at all times Income Tax is $200 Get out of Jail: pay $50 or roll doubles Get out of Jail: Tried but didn t roll doubles? pay $50 on that turn Roll doubles 3 times? Go to Jail Poster Making 1st row turn around and work with the 2nd row 3rd row turn around and work with the 4th row Your poster will be graded on: 1) Neat 4) Include picture 2) Colorful 5) Names on back in pencil 3) Include rule