Recent Developments
Examines the more recent developments of European big business, from the 1960s to the late 1980s, which can be seen as the golden age of the industries of the second industrial revolution. The number of large as well as giant (with a workforce of 100,000 or more) companies increased significantly, and greater convergence in the size and sectoral distribution of the largest companies can be observed.
Keywords: banking, business sectors, company size, convergence, finance, heavy industries, large firms, new industries, second industrial revolution, services
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