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24 July, 07:11

which statement best explains how the invention of Corporations contributed to the economy in the 1800's

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  1. 24 July, 09:10
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    The first American corporations were developed in the 1790s, almost instantly becoming key institutions in the young nation's economy. Although corporations existed in Europe in the early-19th century - particularly in Great Britain and the Netherlands - no country took to corporate development like the United States. Corporate development was dealt a blow toward the turn of the 20th century with the introduction of antitrust legislation, but it quickly rebounded. The end of World War II created a period of unprecedented American corporate hegemony until the rise of Japanese competition in world markets in the 1980s.
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