Between 1950 and 2007, the average profit of the top 60 corporations on the Toronto Stock Exchange shrunk from 14,278 times the average profit to 234 times the average profit, indicating a decrease in capital concentration through accumulation by giant firms.

Question

Quizplus · Accepted Answer

The statement suggests a decrease in the ratio of average profits between the top corporations and the average profit, which would actually indicate a reduction in disparity or a lessening in capital concentration, not an increase. However, without specific data on the broader context of market dynamics and other factors influencing these figures, the statement's conclusion about capital concentration trends may not be fully accurate.

Between 1950 and 2007, the Average Profit of the Top