The correct answer is - corporations.
The growth and constant development of the industry enabled suitable conditions for the formation of the first corporations. The corporations are basically businesses that are owned by multiple investors. All of the investors buy stocks of the company, or are given certain amount of stocks for holding a certain high position in the office of the company. The amount of stocks an investor has is reflected on the profit the investor gets, the more stocks the more profit and vice versa, but also more stocks mean more investment as well in the company.
This type of businesses saw a rapid growth and quickly they became the dominant business type in the Western countries, in fact they are still the by far most dominant business type in the present day.
Tax, the power to declare war, and to commerce. Hope this helps! (:
Leading to the Emancipation Proclamation.
The Battle of Antietam was one of the bloodiest in American history. The war was photographed and many letters were sent home of the horrors seen at the battle.
The battle itself was a stalemate but the Union claimed victory. The battle kept Confederate forces in Maryland and prevented the war from entering the Union states. This convinced Lincoln to issue his Emancipation Proclamation which freed slaves in Confederate states. The proclamation was symbolic more than it had any actual effect. It gave the bloody war a moral reason to continue the fight. From that point the war became about unifying the Union--a Union that would be without slavery.
<span>The disadvantages of
transnational corporations include job insecurity, environmental
degradation, poor working conditions and the risk of outsourcing. The arrival of transnational corporations to new areas is generally met
with enthusiasm, but there are downsides to having multinational
corporations expand into new territories too. From exploitation of
natural resources to market domination, there are several consequences
of business expansion around the globe.
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