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Industry types - Coggle Diagram

- - - - Belongs to a single individual
        
        This owner takes all the decissions
        
        Responsible for its profits/losses
    - - company formed by a group of people united for a common purposw, it could be economic, cultural or social
      - Membership is voluntary and each member pays the same amount to join
      - When making decisions, the rule is (1 member, 1 vote)
    - - The initial capital of this company is distributed in ‘shares’.
      - Major decisions are voted on at stockholders meetings, and the stockholders who own more shares have more votes.
      - The profits are distributed according to the number of shares, and if there are losses, the shareholders only lose the money they spent when they bought the shares.