【T8】A.ACCOMMODATE B.IN C.TRANSFER A.EARLY STATESMEN STRONGLY BELIEVED【T7】______P

【T8】

A.ACCOMMODATE

B.IN

C.TRANSFER A.EARLY STATESMEN STRONGLY BELIEVED【T7】______PRIVATE ENTERPRISE

B.TO【T8】______THEMSELVES TO CHANGE

C.THE MERGER OR ACQUISITION WAS TO【T9】______CONTROL AND MANAGEMENT OF AN ALREADY SUCCESSFUL ENTERPRISE TO A NEW GROUP THE UNITED STATES IS OFTEN CONSIDERED A YOUNG NATION, BUT IN FACT IT IS NEXT TO THE OLDEST CONTINUOUS GOVERNMENT IN THE WORLD, AND THE REASON IS THAT ITS PEOPLE HAVE ALWAYSBEEN WILLING【T10】______.IT SHOULD BE REALIZED, HOWEVER, THAT SHARING BENEFITS OF OURACHIEVEMENTS WAS THE RESULT OF TRIAL AND ERROR.UNPRINCIPLED BUSINESSMEN HAD FIRST TO BE RESTRAINED BY GOVERNMENT BEFORE THEY CAME TO LEARN THAT THEY MUST SERVE THE GENERAL GOODIN PURSUING THEIR ECONOMIC INTERESTS.THUS, ALTHOUGH【T11】______, THEY CHOSE TO MAKETHE POST OFFICE A GOVERNMENT MONOPOLY AND TO GIVE THE SCHOOLS TO PUBLIC OWNERSHIP.SINCE THEN, GOVERNMENT HAS BROADENED ITS ACTIVITIES IN MANY WAYS INCLUDING PREVENTING MONOPO-LIES FROM TAKING OVER THE ECONOMY. INCREASED GROWTH BY ACQUISITION BY OUR LARGEST CORPORATIONS HAS RESULTED IN A SITUATION WHERE VIRTUALLY INDEPENDENT ECONOMIC GIANTS WILL DOMINATE THE AMERICAN ECONOMY. GROWTH OF THESE VAST CORPORATE STRUCTURES, EVEN THOUGH ACCOMPANIED BY AN INCREASE IN THE NUMBER OF MUCH SMALLER AND LESS POWERFUL COMPANIES THAT OPERATE UNDER THEIR CONTROL, FORETELLS THE CREATION OF MONOPOLY—LIKE STRUCTURES THROUGHOUT AMERICAN BUSINESS.IN GENERAL, THE MAJOR ACQUISITIONS BY THE SAMPLE COMPANIES WERE CORPORATE ORGANIZATIONS THAT WERE PROFITABLE AND SUCCESSFUL BEFORE ACQUISITIO

N.THE MAIN EFFECT OF【T12】______.PROFITABILITY RATIOS INDICATE THAT, IN MOST INSTANCES, THE ACQUIRED COMPANIES OPERATED LESS EFFICIENTLY AFTER ACQUISITIO

N.