Answer:
The franchise and congloromates were both successful business entities.
Explanation:
Franchise is a group company that offer identical products and services in many different places.
Conglomerates are corporations that own little and unrelated companies which is diversified to be shielded from the problems faced in individual industries.
The franchise and conglomerates were alike because they were both successful business organisations that grew at a fast rate.
The Franchise grew by setting of identical shops in new communities while congloromates grew by diversifying.
The best describes to Robert Owen's political ideology and its impact to business is that Owen was a businessman and social activist, he sought to bring in new utopian ideals for business and local communities in in 1799 when he acquired at New Lanark, Scotland, the cotton mills which he made famous. He rejected the competitive business system but he urged the merits of a cooperative system in which “one man’s gain” would not be “another man’s loss”
The European Union acknowledged the ongoing financial crisis and pledged to rein in all the EU members as well as the member states' central banks to collaborate and assist all the companies that were facing difficulties with liquidity. The EU also called for the credibility of the financial system which would help to put this situation to a halt.
The Renaissance was a cultural movement that initially began in Florence, Italy, but later spread throughout Europe. It started around 1350 and ended around 1600. During the Renaissance (a word that means "rebirth"), people experienced changes in art, learning, and many other things.
The stock market crash of 1929
