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By far the most widespread form of ownership in market economies is proprietorship, especially of business firms. Most of these firms are small and medium-size enterprises, some of which may grow into larger firms under family ownership, or further into powerful business dynasties like, for example, Rothschild, Citroën and Schlumberger.

As a result, the family-owned business is the dominant form of business in many countries around the world, and family control is quite common even when enterprises become public companies.