List and briefly describe three of the four types of corporations ...

[Starlight]

List and briefly describe three of the four types of corporations discussed in your text.
 
  What will be an ideal response?

Question 2

Identify and briefly define the three forms of capitalism discussed in your text.
 
  What will be an ideal response?

[trog]

Answer to Question 1

Family Corporations  relatives are in managerial positions and share stock; Managerial Corporations  outsiders in most managerial positions, stock shares are sold to strangers; Institutional  corporations hold shares in other corporations, same people could be on boards of more than one company, corporations became interconnected; Multinational Corporations  no clear single location, network of offices all over the world, products designed and made in a variety of places (generally designed in wealthier countries, made in poorer ones).

Answer to Question 2

Laissez-faire (government leaves markets alone to operate freely), state (government heavily regulates and constrains the marketplace), welfare (government regulates social welfare programs such as transportation, health care, and mass media).