Principles and Problems of Modern Economics |
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Page 108
... corporation emerged during the mercantilistic period as a method of raising large amounts of capital and distributing risk . With- out the Industrial Revolution and the development of more rapid and effective transportation and ...
... corporation emerged during the mercantilistic period as a method of raising large amounts of capital and distributing risk . With- out the Industrial Revolution and the development of more rapid and effective transportation and ...
Page 109
... corporation to the board of directors , who in turn delegate the actual details of management to hired officers of the corporation . The corporation may sell a great number of shares of common stock to millions of individuals , or the ...
... corporation to the board of directors , who in turn delegate the actual details of management to hired officers of the corporation . The corporation may sell a great number of shares of common stock to millions of individuals , or the ...
Page 113
... corporation made in the 1930's showed that of the 200 largest non - financial corporations , only 11 percent were controlled by a majority of stockholders . Of the remainder , 45 percent were con- trolled in some manner by a minority of ...
... corporation made in the 1930's showed that of the 200 largest non - financial corporations , only 11 percent were controlled by a majority of stockholders . Of the remainder , 45 percent were con- trolled in some manner by a minority of ...
Contents
The Development of Modern Economic Problems | 23 |
Economic | 39 |
A Simple Model of the Economy | 53 |
Copyright | |
57 other sections not shown
Common terms and phrases
Adam Smith agricultural amount areas assets average bank become billion capital commodity consumer consumption corporation cost curve cycle debt demand curve depression diagram discussion dollar economists economy effect efficiency elasticity enterprise equal equilibrium example expenditures exports factor factors of production farmers Federal Reserve Figure firm full employment gold higher important increase indifference curve individual industry inelastic inflation interest rate investment labor large number less manufacturing marginal cost marginal product marginal revenue means ment mercantilists merely monetary monopolistic competition multiplier national income operations organized output payments percent problem profits purchase pure competition quantity ratio real income reduce rent reserve ratios result saving schedule sell situation slope social spending sumer supply and demand supply curve surplus tariff taxes tend theory tion trade union United wages workers