USA HISTORY

Detailed explanation-1: -Rich Uncle Pennybags is the mascot of the board game of Monopoly. He is depicted as a portly old man with a moustache who wears a morning suit with a bowtie and top hat. In large parts of the world he is known, additionally or exclusively, as the Monopoly Man, or Mr. Monopoly.

Detailed explanation-2: -Monopoly is a real-estate board game for two to eight players. The player’s goal is to remain financially solvent while forcing opponents into bankruptcy by buying and developing pieces of property.

Detailed explanation-3: -Monopoly, originally known as Rich Uncle Milburn Pennybags, is the long-standing mascot of Parker Brothers’ (later Hasbro’s) classic Monopoly game.

Detailed explanation-4: -The game is named after the economic concept of a monopoly-the domination of a market by a single entity.