1. History
The electrical industry grew almost as quickly. 2/3 of all American families enjoyed electricity by the end of the decade The corporation continued to be the dominant economic unit in the 1920s Growing corporations now had hundreds of thousands of stockholders, and one individual or family rarely held more than 5% of the stock In the final analysis, the corporate managers were accountable only to other managers From 1920-8, some 8, 000 mergers took place as more and more small firms proved unable to complete effectively with new giants. ... The Literary Flowering The greatest cul...
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