Talk Show America

Friday, March 4, 2011

What are the four types of business organizations that sell products or services?

    There are four different types of business organizations.Sole Proprietorship, Partnership, 
Corporation, and 
Non-Profit Organization. Lets start with Sole proprietorship.


    Sole Proprietorship is when you start your own business with permission from the government. You use the governments prices and get to sell your own products. 


    Partnership is when you join with another person to help you run a business. If you wanted to make a business and you didn't have enough money you get a partner. See its that easy.


    Corporation is when you have stocks in the business. Like what we do in our stocks project thats part of a corporation business.



    Non-Profit Organization is when you don't always use your   products to get money for your business. It dose not distribute its products to share holders. 

How do stocks and bonds impact businesses?

     Stocks and Bonds impact a business in many ways and heres how. 
    Well a Stock is the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution. So that means that Stocks effect business because they are the wares that they sell or are able to sell.

A Bond is a certificate issued by a government or a public company promising to repay borrowed money at a fixed rate of interest at a specified time. Which effects business because it means that money was taken and needs to be payed back. Its kinda like a lone.

Thursday, March 3, 2011

What effects do capital, land, and labor have on the production of goods and services?



Land, labor, and capital are referred to as "factors of production. They are all factors to each other and gods lets start with Land.
Land is pretty much anything that isn't man made. For instance land could be anything from grass to air, as are all manner of natural forces or opportunities that are not created by people. Land effects Labor so much because Labor uses capital on land to produce wealth. See theres that capital do you now see there all connected?Well thats pretty much all there is for Land lets goto Labor.
    Labor is goods made from raw materials that come from Land. Since were human we have material 
needs that have to be made by Land and Labor. These goods that are made by Labor from Land are called Wealth. When labor satisfy desires directly, without providing a material good, we call that "Services"; thus, economists say that labor provides the economy with "goods and services".
    When some of the wealth is used to produce more wealth, economists refer to it as Capital. Capital increases labor's ability to produce goods and services for people. Such as when you get a hammer. The hammer is then used to make a table which is shipped in a truck all of these are examples of Capital.