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8 August, 23:24

Business owners formed corporation during industrialization to

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  1. 8 August, 23:37
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    Business owners formed corporation during industrialization to raise money to buy expensive machinery.

    Through the establishment of a corporation, several capital owners could contribute a sum of their wealth and collect it to buy the machinery.

    In return, those capital owners gained the right to obtain some percentage of the corporation's profit.
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