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Business Studies
Hill Hill May 21, 2022

What is the relative use of each form of a business in the United States and how that has changed over time?

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Answer:

The relative use of each form of a business in the United States are:

  • They are used to provide services to people
  • They monitor market trends and use this information to make profit
  • They allow public ownership through buying of shares

Their uses have changed over time because:

  • They are more profit oriented now more than before
  • They help in job creation, etc

Business is any venture that deals in buying and selling for the primary purpose of making profit.

There are different forms of business in the United States and they include:

  • Sole Proprietorship.
  • Partnership.
  • Limited Liability Company.
  • Business Corporation.

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Zanetti Zanetti
May 21, 2022
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