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Chapter Businesses 8
Chapter Objectives ,[object Object],[object Object],[object Object]
Business Firms ,[object Object],[object Object],[object Object],[object Object]
Risk-Taking ,[object Object],[object Object],[object Object]
Profit-Making ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Growth ,[object Object],[object Object],[object Object]
 
Efficiency and Growth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Proprietorships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Business owned by only one person 70%  of all businesses in the USA
Partnerships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Business owned by two or more people Least common businesses organization in the USA
Corporations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Business owned by many people but treated by the law as if it were a person.
 
 

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Econ Ch8 Businesses