How did new business structures such as corporations pools trusts
Asked by maham237 @ in History viewed by 834 People
and holding companies lead to the growth of an industrialized? what was their impact on cumsumers and workers?
Answered by maham237 @
Answer:
These new business structures such as corporations, trusts and holdings led to the growth of the industrialized economy simply because they could raise more capital than previous business structures.
Explanation:
Up until the Industrial Revoluton, most business structures were personally-owned, or family-owned. This meant that only one person, or a few people owned all the capital of the company, but they also bore all the risks: if the company failed, they had to pay off debtors with all their personal assets.
Needless to say, this made starting a business very risky, with the problem that the business structure probably did not allow to raise enough capital for the business to become truly profitable.
To solve this problem, new forms of business structures emerged. These structures allowed for more people to pool their money in the business endeavor, and also spread risk out among more partners or stockholders. Companies were now less risky to set up, and if they failed, the investors did not necessarily have to respond with all of their personal equity.
Similar Questions
How did new business structures such as corporations
Asked by maham237 @ in History viewed by 295 persons
How did the new business structures such as corporations, pools, trusts, and holding companies lead to the growth of an industrialized economy?
A benefit of the corporate form of business is the
Asked by admin @ in Business viewed by 279 persons
A disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership. …
A disadvantage of the corporate form of business entity is
Asked by admin @ in Business viewed by 245 persons
One disadvantage of the corporate form of business ownership is the: Group of answer choices limited liability of its shareholders for the firm's debts. double taxation of dividends paid to …
A business organized as a corporation is owned by its
Asked by admin @ in Business Studies viewed by 312 persons
A business organized as a corporation
A) Is owned by its stockholders B) Has tax advantages over a proprietorship or partnership C) Is not a separate legal entity in most …
What effect do you think new massive structures especially churches
Asked by maham237 @ in Arts viewed by 423 persons
had on the size and subject matter of artwork, commissioned to fill them
How does outsourcing represent a new mode of business
Asked by admin @ in Business Studies viewed by 288 persons
How does outsourcing represent a new mode of business?
What is the best business organization for annabeth's new company
Asked by maham237 @ in Business viewed by 479 persons
Scenario:Annabeth is a mechanical engineer who specializes in making machine parts. She wants to buy a factory and begin making machine parts for solar panels, a growing business sector in …
Hershey corporate structure
Asked by maham237 @ in Business viewed by 258 persons
Research Hershey's organizational chart and organizational structure. Type a one page paper describing Hershey's organizational structure and how it benefits, or detracts from, Hershey's strategic plans. After submitting your response …
What percentage of new businesses fail in the first year
Asked by admin @ in Business viewed by 276 persons
What percentage of new businesses fail in the first year?
a. 75 percent
b. 40 percent
c. 60 percent
d. 25 percent?
How can trust be gained between the business and development
Asked by admin @ in Business Studies viewed by 309 persons
How can trust be gained between the business and development?
Most important factor in forming a new business is
Asked by admin @ in Computer Science viewed by 336 persons
Most important factor in forming a new business is? (1) finance (2) Marketing (3) Govt. support (4) Family. support
Role trust and consolidation played in the growth of business
Asked by maham237 @ in Business viewed by 389 persons
Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset
Asked by wiki @ in Health viewed by 1313 persons
Which of the following would best complete this list?
Asked by wiki @ in Social Studies viewed by 764 persons
What had the king decided to do before he saw the spider
Asked by vanshika149 @ in English viewed by 1172 persons
Most viewed questions in History
Candle making in colonial america reading answers test 5 answers
Asked by admin @ in History viewed by 11338 persons
Lets grow with composite mathematics class 8 solutions pdf
Asked by admin @ in History viewed by 3206 persons
Venezuelans started buying items immediately because of their fear of
Asked by maham237 @ in History viewed by 2535 persons
Commonlit teaching shakespeare in a maximum security prison answer key
Asked by admin @ in History viewed by 2269 persons
Why did the termite like expensive hotels worksheet answer key
Asked by maham237 @ in History viewed by 1967 persons
Why did king kong eat a truck worksheet answer key
Asked by maham237 @ in History viewed by 1757 persons
Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.
Asked by evette57 @ in History viewed by 1753 persons
Two ways of looking at a river commonlit answers key
Asked by maham237 @ in History viewed by 1673 persons
Which occurs during disequilibrium? check all that apply.
Asked by wiki @ in History viewed by 1660 persons
What is taplow's opinion about the greek tragedy agamemnon
Asked by admin @ in History viewed by 1418 persons
When entrepreneurs develop new products, other companies also experience growth because they
Asked by maham237 @ in History viewed by 1382 persons