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.
Answer:
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Letters A and C. Let us understand why:
European maritime expansion has created new trade routes, connecting many parts of the world, but commercial interest was the main reason.
In the European markets, which flourished during the Late Middle Ages, the sale of spices and other Oriental goods provided very high profits to merchants. Silk fabrics, porcelains and a number of condiments, such as cloves, pepper, and cinnamon, used for food preservation, met a large number of buyers.
Answer:
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Explanation:
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