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      <title>Marque-pages by Salma Elouerdi</title>
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      <pubDate>2020-10-24 00:09:18 UTC</pubDate>
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         <title>the prosperity of the capitalist </title>
         <author>Sweetie123G1R3L4</author>
         <link>https://padlet.com/sweetie123g1r3l4/Bookmarks/wish/857560610</link>
         <description><![CDATA[<div>The industrial revolution contributed to the prosperity of the capitalist system in Europe during the nineteenth century, and this was reflected in European society.<br><br>What are the manifestations of the flourishing of European capitalism?<br>What are its implications for European society?<br>І - There were many manifestations of the prosperity of European capitalism during the nineteenth century:<br>1 - The development of banks and companies led to the prosperity of the industrial sector:<br>The Industrial Revolution: It is the sum of the technical inventions that Western Europe knew between 1760 and 1840 CE, and was manifested in the spread of factories and the emergence of industries (textiles, steel ...) and means of transportation, while the Second Industrial Revolution (1880-1912 AD) constituted the stage of the transformation of industrial capitalism into financial capitalism, and to meet The increasing demands on industrial products, the big factories replaced the manufacturers, which required the provision of huge capital, so the companies of unknown names appeared as a merger of a group of personal enterprises whose capital consisted of shares traded on the stock exchange.<br><br><br> <br>2- The phenomenon of capitalist concentration constituted the most important pillar of industrial development:<br>The capitalist focus is one of the most important aspects of the development of the capitalist system during the nineteenth century AD, and its forms differed according to its nature and objectives:<br><br>Horizontal focus: it is the grouping of several institutions operating with one product under the same management.<br>Vertical focus: is the merging of several integrated institutions that contribute to the process of making a single product.<br>Ownership companies (Holding): Major financial institutions that own most of the shares in several companies, and they are multi-specialized.</div><div><br></div>]]></description>
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         <pubDate>2020-10-24 00:16:06 UTC</pubDate>
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