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Essay text:
Nowadays, the rest of the world is beginning to implement the euphoria of franchising.
History of franchising
The concept of franchising actually has been applied for centuries. The Pope, in the medieval ages, assigned tax collectors in particular region to collect a certain amount that people earned from their job. In other cases, land lords gave the rights to the people to operate their business in return of rental fees. Although the form of business is different with franchising that we have today, the concept is still the same.
The modern franchising time began in United States after the World War II ended...
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