Concept:
Bakelite is one of the first synthetic plastics and belongs to the class of thermosetting polymers.
It is formed through a condensation polymerization reaction between phenol and formaldehyde.
In condensation polymerization, small molecules (such as water) are eliminated while forming the polymer chain.
Step 1: Identify the type of polymer.
Bakelite is a phenol–formaldehyde resin produced by condensation polymerization.
Step 2: Identify the monomers involved.
The monomers used are
\[
\text{Phenol} \quad + \quad \text{Formaldehyde}
\]
Step 3: State the final answer.
Thus, the monomers of Bakelite are
\[
\boxed{\text{Phenol and Formaldehyde}}
\]