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The reason why there were so many because america was still being bulit at the time. So in my opinion i think if you found something probably in your backyard worth selling and gets supplied by it then you could make a huge profit.
I think there where more back then because they didn't have any basic rules they had to follow and certain things they can go to jail for and paperwork. Like they didn't have to promise anything to someone

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a company operating in several countries.

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consolidation or amalgamation is the merger and acquisition of many smaller companies into much larger ones

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the process by which businesses or other organizations develop international influence or start operating on an international scale.

Ravi Madhavan

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an economic system in which private business operates in competition and largely free of state control.

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the exclusive possession or control of the supply or trade in a commodity or service.

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the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes

Mark Zuckerberg

tony hawk

marc benioff

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the combination in one company of two or more stages of production normally operated by separate companies.

Kathryn H

Matthew Lewis

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seek to influence (a politician or public official) on an issue.

Bill Clinton,

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firm belief in the reliability, truth, ability, or strength of someone or something.

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the process of a company increasing production of goods or services at the same part of the supply chain.