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In the end of 1880 and in 1890th years, at least, to the USA, capital marketsBecame accessible to industrial corporations. It has raised appeal
The corporate form of the organisation, and, first of all - a corporate giant. In
To the following chapter we will consider, as it was reflected in the organisation of the enterprises.
7. Technologies, trusts and sold securities
In chapter 6 we considered the period, when the corporate form of the organisation
The enterprises it was widely used by railways and other licence
The companies. In other branches of business and the industry it were used all
More widely, but yet did not become the basic form, and the West at that time yet had no
Existence of the big economic organisations outside of action sphere The licensed corporations. The modern industrial belonging to public
The corporation still should be invented. In this chapter we will consider, as it
Has occurred.
In the United States of 1880th years were time of changes. The industry contribution
In the national income has exceeded the agriculture contribution. Thus, less Than in hundred years after Jorktauna the United States became mainly The industrial country also have ceased to be a colony economically
The Old World. A number of technological and organizational innovations in the USA
Favoured to increase in the sizes of the enterprises. For this period was
The increase in production and fall in prices - a combination so is characteristic
Strange for observers of the end of the XX-th century that generates at them frequently simply
Naive interpretations. This situation created serious financial problems for The small product companies which had the obsolete industrial device and
The falling markets which have come to be in the world and weak financial prospects - simply
Speaking, almost for all industrial companies of 1880th years.
Against these economic difficulties of investors two belief have taken possession.
One - that it is favourable to suppress a competitiveness by means of consolidation of the competing
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