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Why are corporations not people?

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Jkmyoung

Lvl 1
13y ago
Updated: 8/20/2019

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Why do corporations exist?

The reason that corporations exist is to serve people. They are there to provide jobs, services, products, and benefits.


How many people employed by US corporations?

90,678,676,862,712.090


How many people work for corporations in us?

As of 2021, approximately 150 million people work for corporations in the United States. This includes employees in various industries such as technology, finance, healthcare, and retail.


Who was involved organization people countries corpiration?

who was ivolved?(i.e organizations, people, countries, corporations


Why did people believe the national government needed to change?

common people had no power against corporations


Why did people believe national government needed to change?

common people had no power against corporations


What is weapon of totalitarianism?

the same of all governments, corporations, religions, etc. THE PEOPLE


Who has the most control over a corporations?

The people who own the most shares in the corporation


Have corporations made lives better in any way?

As much as we love to hate giant corporations, they do improve life for many people. Computers, cars, appliances, ipods and many other items that we use every day are produced by corporations. Microsoft is a giant corporation that has created software products that make millions of people worldwide more productive, every day. Agriculture corporations have increased food production so that we have a greater variety of fresh fruits and vegetables available year-round. Pharmaceutical corporations develop new drugs that treat or cure disease, and become rich in the process. Many people are employed by corporations, and many people will retire on the income from the corporate stocks in their 401Ks. So, I would say that the majority of Americans see some benefits from corporations, for all their flaws.


How did business people form corporations?

They combined their capital and received permission from the government to merge.


What types of corporations exist?

There are various types of corporations, including C corporations, S corporations, nonprofit corporations, and foreign corporations. C corporations are the most common and have no restrictions on the number or type of shareholders. S corporations are more limited in terms of ownership and taxation benefits. Nonprofit corporations are organized for charitable, educational, religious, or other purposes, while foreign corporations are formed in one country but operate in another.


Why do states charters to corporations?

Not all states do, but those that do feel that the State has an interest in insuring that people who do business in their state do not harm the public. Part of that is requiring corporations to let the state know who they are and what they do.