Examples
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Generation by a single element. Since every positive integer
n can be written as the sum of n times 1, the element 1
of the monoid (N,+,0) generates the whole monoid. This implies
that (N,+,0) is cyclic.
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Not finitely generated.
The monoid (Z, ·, 1) can be generated by the set of all
prime numbers together with -1, but not by a proper subset of this set.
Actually, any generating set of this monoid should contain either
+p or -p for every prime p. Thus (Z,
·, 1) is not finitely generated.