How does the game Monopoly relate to real life?

In the context of the board game, you have a monopoly when you own all the properties on the board: a game-winning move. With respect to real-life property investing, if you own all the land on the best street in town you can influence the price by controlling how much land you sell and when.

Who is the monopoly man based off of?

J. P. MorganAccording to Orbanes, Rich Uncle Pennybags of the American version of the board game Monopoly is modeled after American Progressive Era businessman J. P. Morgan.

Is monopoly based on luck?

Monopoly is a game of both luck and skills, as it involves a combination of people skills, some luck, as well as strategy. One cannot win Monopoly purely based on luck as the player has to make wise decisions on how to handle their money and investments after the roll of the dice has made a few decisions for them.

How was the game Monopoly invented?

Monopoly/Designer