A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders.
One very negative consequence of increased feelings of nationalism after WWI was the rise of fascism or so-called national socialism in countries like Germany and Italy. These governments appealed to nationalism and blamed such groups as the Jewish people for their economic problems in the late 20's and early 30's and also believed they had the right to invade and control other countries.
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The navajo celebrates a baby's first laugh.
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It’s no surprise we think the 1917 Bolshevik revolution was bad for Russia. Which other major economy suffered five massive declines in industrial or agricultural output in the 20th century? That’s the result of two prolonged invasions, a civil war, two famines plus the collapse of all trading links and an economic system.
