how did new business structures such as corporations, pool, trusts, and holding companies lead to the growth of an industrialized? what was their impact on cumsumers and workers?

These new business structures such as corporations, trusts and holdings led to the growth of the industrialized economy simply because they could raise more capital than previous business structures.

Explanation:

Up until the Industrial Revoluton, most business structures were personally-owned, or family-owned. This meant that only one person, or a few people owned all the capital of the company, but they also bore all the risks: if the company failed, they had to pay off debtors with all their personal assets.

Needless to say, this made starting a business very risky, with the problem that the business structure probably did not allow to raise enough capital for the business to become truly profitable.

To solve this problem, new forms of business structures emerged. These structures allowed for more people to pool their money in the business endeavor, and also spread risk out among more partners or stockholders. Companies were now less risky to set up, and if they failed, the investors did not necessarily have to respond with all of their personal equity.

jayilych4real jayilych4real · Answer 2 · 2021-11-25T14:50:22+01:00

The way new business structures such as corporations, pool, trusts, and holding companies led to the growth of an industry were:

Because they had more capital to raise and sustain the industries

According to the given question, we are asked to show the way new business structures such as corporations, pool, trusts, and holding companies led to the growth of an industry.

As a result of this, we can see that during the Industrial Revolution, most businesses were handled by one person, which had some level of risk and because only one person was in control, raising sufficient capital was difficult.

However, we can see that the way new business structures such as corporations, pool, trusts changed this was the cash flow which they were able to raise to sustain the industries