The answer is the US of A
Answer:
The advantages shared by both sole proprietorship and partnerships are;
1. They are both easy to start are readily affordable to establish
2. Both, individual income sole proprietorship and split income partnership can benefit from tax savings
3. The business affairs of the operators of both models are private
4. Both enjoy limited external regulation
The disadvantages shared by both business models are;
1. The sole proprietorship and the partners in a partnerships are liable (unlimited liability) for the debts of the business
2. The business may end with the death or departure of a partner in a partnership or the owner in a sole proprietorship
3. Difficult to change a partner in a partnership or the sole proprietor in a sole proprietorship
Explanation:
A sole proprietorship is an enterprise model whereby the enterprise is entirely run and owned by one person such that legally there is no distinction between the business owner and the business
A partnership is a business arrangement where two or more people (partners) come together to manage the operations of the business such that they share the profits and liabilities of the business.
Partnership businesses are sometimes formed by professionals such as lawyers and doctors.
The term for those people is consumer.
This quote comes from the now famous Four Freedoms speech, delivered by Roosevelt as the State of the Union address on January 6, 1941. The international context was very negative. Hitler and his Axis allies were winning in Europe. Britain was greatly menaced and the Japanese were gearing up for all-out war in the Pacific and in Asia.
Roosevelt, aware that scientific progress had eliminated the physical advantage of the USA being separated from Europe and Asia by such vast expanses of water had been arming and funding the British for years and had also increased military spending and the Navy in order to keep Japan at bay.
He knew that once Hitler had conquered Europe and Japan had conquered the East, all the populations and resources of these vast reasons would be used to directly attack the USA, which would eventually find itself in numeric inferiority so in order to prevent such a dark future he chose to send weapons, supplies and money to the British.
