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Can be improved by using alternative forms of transportation and regulating industries

Justin Parker

in Social studies

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1 answer

Kathy Robinson on January 10, 2018

As the industrial revolution grew, new business practices developed. Before, the majority of companies were owned by a single owner (sole proprietor) or a small association. But the ways of doing business has changed dramatically during the industrialization, when the corporation is formed. Corporations were formed to raise capital for expansion. They did this by the sale of shares in the form of shares to investors. Corporations are, basically, a company with many shareholders. The shareholders receive dividends when the company makes profit, and you can only lose what you have put in.

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