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Business, 26.07.2019 01:20 Tyasiapalair371

Which of the following statements is correct?
industrial capitalism is characterized by pools, trusts, holding companies and an interpenetration of banking, insurance, and industrial interests
mercantile capitalism emerged in the united states in the period directly following the civil war
in state welfare capitalism, the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle
financial capitalism is associated with large scale industrial expansion

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Which of the following statements is correct?
industrial capitalism is characterized by pools...
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