Corporations became the most important form of business organization in the late 19th century because their industries needed large amounts of capital.
The first American businesses were created in the 1790s and quickly rose to prominence in the economy of the fledgling country. Even while there were businesses in early 19th-century Europe, especially in Great Britain and the Netherlands, no nation adopted corporate growth as quickly as the United States.
In the initial years following the American Revolution, there were small financial organizations.
Corporations may raise capital from a variety of sources, offering a crucial channel for both producers and savers. In the early years, voting rights were significantly less guaranteed due to procedures for "graduating" certain stockholders, but companies nevertheless represented a novel form of investment.
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The leader of the legislature would be democratic
Factor 1: Who decides to run for office and what advantages candidates have over one another.
Factor 2: Incumbency. Usually the incumbent (the person already serving in the office) has a large advantage over challengers, unless negative events have the voters wanting to get rid of incumbents.
Factor 3: The way congressional districts are drawn. There have been court cases recently about "gerrymandering" -- attempts by a party in power to draw district boundaries in ways that will serve to perpetuate that party's power.
Virginia plan advocated two legislative houses of which membership would be based on population. New Jersey plan advocated one legislative house, membership in which would be equal for all states.
Answer:
The Indian Ocean trade routes connected Southeast Asia, India, Arabia, and East Africa, beginning at least as early as the third century BCE. ... Domestication of the camel helped bring coastal trade goods such as silk, porcelain, spices, incense, and ivory to inland empires, as well. Enslaved people were also traded.
Muslim
But despite this diversity, for the most part, especially on the Western half of the Indian Ocean basin, the trade was dominated by Muslim merchants. Why? Largely because they had the money to build ships, although we will see that in the 15th century, the Chinese state could have changed that balance completely.
