Answer:
For example without public goods, we wouldn't have schools, parks, or rec centers, to name a few examples.
Explanation:
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I believe the answer is: Capitalism
In capitalism, the economy is designed in a way to give as much freedom as it can to the private sectors in term of resource allocation and market competition. In this system, the government's role limited to maintaining regulation that prevent private organizations from cheating off one another.
Answer:
Capital Funds/Equity Capital
Explanation:
A company can raise their overall capital by selling off parts of the company in the form of stocks in which then people become shareholders, most of the time called investors. This is know as Equity Funding.
Answer:
<em>A proprietorship has three important advantages: </em>
(1) It is easily and inexpensively formed,
(2) it is subject to few government regulations, and
(3) it is subject to lower income taxes than are corporations.
<em>However, a proprietorship also has three important limitations: </em>
(1) A proprietor has personal liability for the business' debts.
(2) The life of the business is limited to the life of the individual who created it.
(3) A proprietorship has difficulty obtaining large sums of capital so proprietorships are used primarily for small businesses.
As all company structures, proprietorships have both advantages and disadvantages. Although the advantages mainly relate to feasibility, the disadvantages are often overlooked. The main disadvantage is the total liability of the owner, which is detrimental if the business faces tough times, which lead to liquidation.
