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blagie [28]
1 year ago
11

What was a form of business in which a group of investors shared profits and losses?

History
1 answer:
Kobotan [32]1 year ago
4 0

joint-stock company form of business in which a group of investors shared profits and losses.

Option D is correct

What is a joint-stock company ?

In a joint stock company, the ownership is divided into transferable units known as shares. In case of a public company the shares can be transferred freely, there are almost no restrictions.

How did a joint-stock company work?

A joint-stock company is a business that is owned by its investors. The shareholders buy and sell shares and own a portion of the company. The percentage of ownership is based on the number of shares that each individual owns

What are the objectives of joint stock company?

The purpose of a joint-stock company is to raise capital. By selling ownership shares, the company raises money that it might otherwise not be able to get from its founders or business operations

Learn more about joint stock company:

brainly.com/question/11035712

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Answer:It is with these words that Augustus not only describes, but also justifies his unique political position. Although it is easy to see through his transparent veil, it is also easy to see how the above statement embodies both the subtly and political delicacy used by Rome's first emperor. His political power is masqueraded as personal auctoritas; his power achieved through his military supremacy passed off as rule by universal consent. To use a historical cliché, Augustus was the archetypal "master of spin".

With the gift of hindsight, even the staunchest of revisionists can acknowledge that the reign of Augustus was a clear turning point in European History. Whether or not this change was a steady evolutionary measure or a rapid revolutionary one is subject to much scrutiny. Certainly when looking at the Senate, the sheer tact of Augustus made the transition from oligarchy to autocracy seem almost seamless to his political contemporaries.[[2]] This was not to say that senators were none the wiser; the position of Augustus during the early principate developed much more organically than one could have expected. Consider the situation as thus: after the war against Antony came to a close, Augustus (or as he was known then, Octavian) was at the head of Rome's empire: he had, at his disposal, over five hundred thousand legionaries [[3]] (many of whom defected from Antony to Octavian after Actium) as well as a recently seized Ptolemaic treasury. As Tacitus puts it, "Opposition did not exist".[[4]]

With this in mind, it seems strange that Octavian developed his power base in such a piecemeal manner. Why was there such a need for subtly? If being brought up during the time of the Late Republic had taught Octavian anything, it was that overt displays of autocracy generally fed the resentment of the Senate. One only has to examine the fate of Caesar to be aware of this. However, if Octavian followed the mould of Sulla and retired directly after the civil wars, Rome would most definitely become re-enveloped by hostilities.[[5]] In the eyes of Octavian, the only way to acquire a stable, but autocratic Rome was to employ a piecemeal strategy.

This desire for subtle, gradual change is mirrored in the fact that he spent the following eight years after Actium acquiring the powers associated with the Principate. As soon as the Actium campaign came to a close, his powers of a triumvir were replaced with consecutive consulships up until 23 BC. While in this position, Octavian was voted censorial powers in 29 BC, and set about restoring order.[[6]] For a time, this worked well for Octavian. It was a flawed agreement however; rivals in the military could still be a potential threat. This was ultimately proven through the military successes of M. Lincinius Crassus, who, during a campaign in Thrace in 31 BC, won a pretext for the spolia opima.[[7]] Although awarded a triumph, Crassus was not granted the award as it overshadowed the achievements of Octavian. Realising the need to keep individuals in check, Octavian set about reforming his position; this was achieved in 27 BC through the medium of the so-called First Settlement.

Explanation:

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