The three advantages that corporations brought to America were employment , lower prices , and a share of the profits.
The first American corporations were developed in the 1790s, almost instantly becoming key institutions in the young nation's economy. Although corporations existed in Europe in the early-19th century (particularly in Great Britain and the Netherlands) no country took to corporate development like the United States.
Corporations played a fundamental role in the economic, political and cultural identity of the United States.
