What makes the corporation a distinct form of business organization and why was it essential to US industrial expansion? What was the Open Door policy, and why did US leaders develop it?

Short Essay Quiz 2 – POST-HURI X

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Answer ONE of the following three short answer questions (200 words MINIMUM). Be sure to answer the question as fully as you can (remember: 200 words MINIMUM), making specific references to any events relevant to the question.

NOTE: ANSWERS NEED TO BE PUT INTO TO YOUR OWN WORDS. WORD FOR WORD TRANSCRIPTIONS OF CLASS NOTES OR WORKED ANSWERS GIVEN WITH GRADED ASSIGNMENTS (IN-CLASS QUIZZES) WILL BE CONSIDERED AND ACT OF PLAGIARISM AND RESULT AND SEVERE GRADE PENALTIES.

1. What makes the corporation a distinct form of business organization and why was it essential to US industrial expansion?

2. What was the Open Door policy, and why did US leaders develop it?

3. How did industrial production change the manner in which mass produced goods were marketed and sold?

4. What was the “New Imperialism,” and why did the major powers of Europe pursue this policy in the late 1880s?