Question: Some historians were arguing over the most important innovation in
Some historians were arguing over the most important innovation in the history of business. Most thought of things and processes such as the railroad, the automobile, the printing press, the telephone, television, or more recently, the computer chip, fiber-optic cable, or even the Internet. One person argued that the really important innovation was the corporation. How would this person argue for this idea? What role did accounting play in the rise of the corporation?
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