Mibhasa
Mibhasa (Plural Mivu or Mibhu) is a Cananganamese term referring to industrial and financial vertically integrated business conglomerates in Nagu during the early industrial revolution, whose influence and size impacted the economies of their respective host countries during the late 19th and early 20th centuries, with some still continuing this influence well into the present day. Although the mivu played a significant role in Cananganam's industrializing economy specifically, they existed throughout much of Nagu and parts of Boroso.
Terminology
In Cananganam, the term Mibhasa refers to any form of conspiracy or financial clique. Although the term was not commonly used until the Post-GEW period, their functioning form has been in existence since the 1840s.
Historical Significance
Cananganam
The mivu during the late 19th and early 20th century were the industrial and financial heart of the Cananganamese economy, and held great influence over national and foreign policies. Most notably, the Cananganamese navy was in part supported by Tattha Atasa where many kickbacks were provided to politicians in support of naval ventures, with wide support of naval personnel. By 1940, the "Big Four"; Basu, Trisa, Tattha, and Madhra. These four mivu controlled around 45% of Cananganam's mining, chemicals, and metal industries and almost 60% of the country's industrial production, as well as 70% of the national stock market.
Modern-day influence
The Cananganam the srohoo mivu, literally four financial cliques, still hold a significant role in the economy; though they have been reduced in part due to anti-trust laws and increased competition from foreign markets.