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Corporation (technology) (Civ4)

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Corporation - 1600 Beaker
Corporation
A technology introduced in Vanilla
Required techs Constitution & Economics
Leads to Assembly Line (with Steam Power)
Units enabled None
Buildings enabled Wall Street
Era Renaissance
Notes

"Corporation, n. an ingenious device for obtaining individual profit without individual responsibility"
-Ambrose Bierce

StrategyEdit

Corporation adds an additional trade route to all cities and enables construction of the Wall Street national wonder. It is a requirement to build all Corporation Wonders.

Civilopedia EntryEdit

As businesses grow, they often find it necessary to raise large amounts of operating capital in order to expand their operations beyond a certain point, or to meet operating expenses. In these cases, one option available is to form a corporation and "go public", or sell shares of the business to investors. This arrangement allows the business to expand rapidly, while spreading the risks of the expansion among many people, reducing individual risk. Corporations also have legal advantages such as the right to sue, and the limitation of liability for the corporation's debt to the amount originally invested by the owners. Corporations as legal entities have existed since ancient Rome, although the joint-stock company as it is known today didn't begin operating until sometime in the 16th century.

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