🌍ap world history: modern review

Limited-liability corporations

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

Business organizations in which shareholders' financial liability is restricted to their investment, enabling large-scale capital accumulation and risk distribution for transnational enterprises.

AP course connection

Topic 5.7: 5.7 Economic Developments and Innovations in the Industrial Age

Unit 5

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