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9 June, 20:52

The stage of corporate capitalism that is dominated by large firms run by individual entrepreneurs or their family members and passed on to their descendants is:

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  1. 9 June, 23:29
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    Family Capitalism

    Explanation:

    In family capitalism, large business are controlled by family members and passed down to descendants. Examples are; Continental AG owned by Schaeffler family, LG Corporation owned by Koo and Huh families, Reliance Industries owned Ambani family and Walmart amongst others.
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