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Over the course of the eighteenth century, bourgeois commerce and aristocratic land merged through all of the following means except:
Diversify Risk
The strategy of spreading investments across various financial instruments, industries, or other categories to reduce risk.
Synergies
The additional value created by combining two companies or entities, often realized through cost savings, increased revenues, or enhancements in productivity.
Cost of Equity
The return a company theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital.
Acquisition
The process of acquiring control of another company by purchasing its shares or assets.
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