Author Question: Identify which of the following is not associated with an increasing concentration of private ... (Read 62 times)

gonzo233 · **on:** Jul 2, 2018

Identify which of the following is not associated with an increasing concentration of private wealth.

a. Bill Gates was the wealthiest individual in 2010 at about 54 billion, followed by Warren Buffett with 45 billion.
b. The middle class has expanded as members invest heavily in the stock of large corporations.
c. The DuPont family controls ten corporations, each worth billions of dollars, including General Motors, Coca-Cola, and United Brands.
d. The Rockefellers control five of the world's twelve largest oil companies and four of the biggest banks.

Question 2

When an individual serves on the board of two or more companies, it is referred to as ________.

a. an indirect interlock
b. a direct interlock
c. intercorporate cooperation
d. vertical integration