An S corporation looks like a corporation but is taxed like a sole proprietorship or partnership. The primary advantage of an S corporation is that it avoids the double taxation of a C corporation. Approximately 3 million US companies operate as an S corporation
Answer:
Higgs's argument is stronger because Folsom's primary arguments involved quotes. Quotes can be unreliable, especially if chosen with bias from a selected group of people. Beyond that, quotes from people that lived in the moment are often short-sighted and don't understand long term effects. While Folsom does also source historians, he focuses a lot on Roosevelt's interest spending and believes that the money that went back to the American people actually prolonged suffering. Higgs, however, focuses on the short and long-term effects of the New Deal and uses a lot of data to prove his point. While he does have quotes, he doesn't rely on them to make or break his argument, unlike Folsom. Higgs is also able to understand some of the negatives of the New Deal, unlike Folsom who did not pay any attention to the other side of the issue.
Explanation:
This is for part two of the question.
Business supremacy in the area of commerce
Answer:
Option: B. They mark the beginning and ending of different periods.
Explanation:
Periodization tries to give weight to the way history is classified and organized through chronological periods. World history is enormous and dividing with each period differently to help historian and others to understand the past properly. Periodization is done to understand the period history with its political and other events during that particular period. They also help in telling the start and end of different periods.