The stage of corporate capitalism that is dominated by large firms run by individual entrepreneurs or their family members and passed on to their descendants is:

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asked Dec 23, 2020 109k views

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Kooshka · Answer 1 · 2020-12-30T11:21:47+0000

Answer:

Family Capitalism

Step-by-step explanation:

In family capitalism, large business are controlled by family members and passed down to descendants. Examples are; Continental AG owned by Schaeffler family, LG Corporation owned by Koo and Huh families, Reliance Industries owned Ambani family and Walmart amongst others.

The stage of corporate capitalism that is dominated by large firms run by individual entrepreneurs or their family members and passed on to their descendants is:

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