SOSC 1340 Lecture Notes - Market Capitalization, Joint-Stock Company, Original Equipment Manufacturer

• School: York University
• Department: Social Science
• Course: SOSC 1340
• Professor: Kean Birch

Document Summary

Market capitalisation refers to the share price x number of shares. 2008 : the global financial crises, it was about 57 trillion dollars, the world gdp is about 70 trillion dollars. It went a little bit down in 2001 then started rising in 2002 till 2008. Canada has a small number of businesses. Unlike the us the number of corporations in canada is very low. 1- private sector: it can include one person, firm, and private limited companies. Uk, us, and canada usually work in private sectors. 2- public sector: it is run by the government, like police is responsible on the firms, public sector includes the provincial government as well. 3- third sector/ social economy: it includes nun government organizations, non independent organizations, it is owned by public or private sector. Corporations start out as a way to bring financial resources. Joint stock company: two examples: one is the london company and the other is the.