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Sole Proprietorship

There are three legal forms business ownership sole proprietorship, partnership, and corporations. This video is about sole proprietorship, a sole proprietorship is a business that is owned and operated by one person and that one person is responsible for all of that business’s debts, if any debts are incurred. So, key points it is one person working on this business alone they own it, and second part that one person is responsible to repay any debts of the business incurs. The advantages of the sole proprietorship well, biggest advantage freedom you your own boss lot of people like that. There are tax benefits to being a sole proprietor compared to be an employee. For example, employees for sole...

posted on: Jun 30, 2015 | author: Jan

Importance of Study of Economics

Importance of study of economics, importance of economics economist professor P.A. Samuelson has still not economics as queen of social sciences, study of economics has a lot of importance to human being in different aspect. They are first intellectual value, second practical purposes, and government bodies. Let us study in detail importance of economics first intellectual for me study of economics increases, the intellectual value of human beings. It helps them to realize that he depends on others in order to fulfill his day to day wants, the thought of dependency develops the cooperative outlook among society people think in a balanced manner it’s further improves the decision making ability of an individual. Second practical purpose and individual...

posted on: Jun 29, 2015 | author: Jan

Global Economic Collapse

Meet Uncle Sam he has a lot of bills to pay, almost four trillion dollars’ worth every year. Uncle Sam’s Income is a little over two trillion dollars per year, To make up the difference, the deficit, he does what most americans do, he borrows money. When Uncle Sam takes out a loan, he calls it a bond, bonds can be held by banks, investors or even foreign governments. Uncle Sam has to promise to pay interests on these bonds, just as you do on any loan you take out. Ever think about paying your mortgage with your credit card? that is exactly what uncle Sam does! He takes out new loans, new bonds, so that he can...

posted on: Jun 28, 2015 | author: Jan

How Nash Equilibrium Changed Economics...

He has been universally hailed as one of the most important economic thinkers of the past century, and found even more fame after he was portrayed in the Oscar-winning movie. A beautiful mind John Nash, a Us mathematician who came up with the so-called Nash equilibrium and put game theory at the heart of economics, has died at the age of 86 but his work will continue to influence social sciences for years to come. So, what is the Nash Equilibrium and why does it still matter? Imagine there are two Companies Game Inc and Fun Co, have to choose whether to advertise or not they are both well-known. So if they choose not to advertise it was...

posted on: Jun 27, 2015 | author: Jan

US Economy Crisis 2011

Meet Uncle Sam he has a lot of bills to pay almost four trillion dollars worth every year, uncle Sam’s income is a little over two trillion dollars per year. To make up the difference the deficit he does with most Americans do, he borrows money when Uncle Sam tix alone he calls a bonds, bonds can be held by banks investors or even foreign governments. Uncle Sam has to promise to pay interest on these bonds just as you do on any loan you take out, ever think about paying your mortgage with your credit card? That’s exactly what uncle sam does he takes out new loans, new bonds, so that he can make payments on the...

posted on: Jun 26, 2015 | author: Jan

Intro to Forestry Economics

Plants often want to grow tall so they can up computers neighbors for sunlight and trees do this better than anyone, how they are able to grow to such impressive heights is because dense woody substance they are made of that we call wood. And you can use wood for everything paper, furniture, pencils, you can burn it which makes heat, you can use their leaves for animal feed. All they do not necessarily have to cut them down for it the trees themselves alter the habitat where they grow changing the composition love the species, they can attract people who want to get away from the stresses that the city and watch the splendor of nature for...

posted on: Jun 25, 2015 | author: Jan

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