1. Gather data on a current American industry. You may choose from the following. After choosing your industry provide a brief background and history on the industry.
   1. Pharmaceuticals
   2. Clothing
   3. Agriculture
   4. Beer
   5. Coffee
   6. Banking
   7. Another industry with permission from instructor
2. First estimate concentration ratio of this industry. Do you believe this industry is represented by monopoly, monopolistic competition, oligopoly, or perfect competition? Include definition of each in your answer and gives reasons to justify one rather than the others. You must define each market type in your answer.
3. Based on your answer to question 2, how are prices and output determined in this market? Also, if not perfect competition, what barriers to entry exist in this industry? (This will require some research on this particular industry)
4. What would you consider (based on your answer to question 3) are some ways that could promote or encourage more competition? Are there barriers to entry that are artificial and could be removed or eliminated? Are there any policies that can be used to encourage more competition in this market?