Expalin the role trust and consolidation played in the growth of business

2 answers:

8 0

After the Second Industrial Revolution, it became common for businesses to be set up as trusts. A trust is a large grouping of businesses, which operate in a similar way to a corporation. Consolidation was another process that became popular around this time. Consolidation refers to the buying and acquiring smaller companies by larger ones. Both of these processes played an important role in the growth of businesses. By controlling a large share or the market, they allowed businesses to become larger and more powerful. Eventually, they also allowed monopolies to develop and millionaires to arise.

saveliy_v [14]3 years ago

4 0

In companies, the role of trust is about the properties and assets it has. The consolidation comes in a combination of all the trusts that there are in the company. Consolidation gives the edge to a business and becomes a basis for its stability.

You might be interested in

A famous illuminated manuscript is Anglo-Saxon Chronicle Book of Kells City of God

Delvig [45]

Book of Kells is a famous illuminated manuscript

3 0

3 years ago

Https://www.cnn.com/2018/09/03/africa/marine-diamond-mining-namibia/index.html 1.What is the title of the article that you chose

Tatiana [17]

1. Diamonds in the deep: How gems are mined from the bottom of the ocean.

2. A major issue brought up in the article is that the sediment dredged up to get the diamonds affects the marine life. The text states, "Marine scientists argue that seabed mining degrades the marine environment, potentially impacting marine species."

I'm not to sure about 3-5. Im sorry but I hope it helps a lil!

7 0

2 years ago

The native Japanese religion of Japan is called . It shares beliefs with Chinese philosophies, including . It is often practiced

ladessa [460]

Answer:

1. Shinto

2. worship of ancestors

3. buddhism

Explanation:

The native Japanese religion of Japan is called SHINTO. It shares beliefs with Chinese philosophies, including the WORSHIP OF ANCESTORS. It is often practiced alongside the religion of BUDDHISM

Shinto": This is a Japanese religion since time immemorial.

"Worship of Ancestors": Shinto is a religion that includes the act of worshiping ancestors such as the spirit of " kami."

"Buddhism": Buddhism was introduced to Japan in the 6th century. It has similar characteristics in Shinto in Japan.

4 0

2 years ago

What were the two most important causes of the French Revolution?

ankoles [38]

Answer:

Social Inequality in France due to the Estates System. As well as, Financial Crisis caused due to Costly Wars.

Explanation:

7 0

3 years ago

Grass is always greener on the other side of the fence.

EleoNora [17]

I’m sorry, there isn’t a picture to the question so I don’t think anyone can answer

3 0

2 years ago