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The majority of these branches firms with assets more than 250 million dale act. InEach, and by the criteria used by Glover they obviously concern "big" To corporations.
Comparison of the data of Glover for 1929 and throws light 1971 on a question on that, in
What degree the role of the big corporation depends on managers, and in what it
Reflects action of more powerful forces. It is possible to assume that if in Expression "economic power" in general is any sense it should To mean ability to a survival and invulnerability from outside strangers. If To use these criteria it is received that in 1929 in the list of two hundred The largest corporations there were forty three railways, and by 1971 only Thirteen of them were saved as the big corporations. In 1971 from twenty One big railway corporation eight were beginners, which in
1929 did not enter yet into the list of the largest. Among two hundred the largest in 1929
To year was eight companies of an urban transport; by 1971 all of them Have turned to the municipal enterprises through the bankruptcy mechanism.
Besides railways, the companies of urban carriages and the companies of the municipal
Service in 1929 existed hundred more two big American Corporations; from them twenty two have not lived till 1971. As though we
Defined economic power of the largest of two hundred, it has not helped them to save
The business - after 1929 flow of beginners has superseded many old big
Corporations also has finished their total number by 1971 to-559. It was the period big
Shift in economy of the USA - from railways and the municipal companies to To cars, trucks and petroleum; railways tried to prevent it To change, but in vain.
Comparison 1929 and clears up 1971 communication between merges and structure
The industries. In due course the economy structure is changed, so that generalisations,
Introduced from supervision over effect of merges on industry structure in 1900, it is impossible to transfer simply on the industry 1929, 1971 or 1985 Years. In 1929 yet did not make computers, and "it", a leading firm Branches, till 1980th years did not address yet to a policy of merges. Aviabuilding and a pharmaceutical industry in the present form Have arisen after 1914.
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