In the 19th Century,American Capitalism Appeared in Its Classic Form

question 34

Essay

In the 19th century,American capitalism appeared in its classic form: giant firms,industrial labor force,complete commercialization of agriculture and extractive industries,big banking and finance and giant transportation systems.The property laws handed down from colonial times were apparently the perfect vehicle for economic growth.Nevertheless,Hughes and Cain (2011)argue ?that there were several legal developments in the 19th century which further aided or facilitated entrepreneurial activity and the rise of industrial capitalism; in fact,they argue,these developments were essential to the rise of industrial capitalism.Describe the developments they cite.

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Definitions:

Learning Experience

An educational process or activity that facilitates acquiring knowledge, skills, values, or perspectives through study, experience, or teaching.

Myocardial Infarction

Medical term for a heart attack, where blood flow to part of the heart muscle is blocked, causing tissue damage or death.

Nursing Diagnoses

Clinical judgments made by nurses to identify a patient's response to health conditions or life processes which will be the basis for selecting nursing interventions.

Andragogic Concepts

Principles related to adult education, focusing on strategies designed to engage adult learners actively.