The most common and simplest form of business is a sole proprietorship. Many small businesses operating in the United States are sole proprietorships. An individual proprietor owns and manages the business and is responsible for all business transactions. The owner is also personally responsible for all debts and liabilities incurred by the business.
The current total fertility rate for the world is 2.5. Influencing this are countries that have TFRs of 6 and higher such as Niger (7.6), Democratic Republic of the Congo (6.3), and Uganda (6.2).
7.5 Billion (2017) The current world population is 7.5 billion as of August 2017 according to the most recent United Nations estimates elaborated by Worldometers. The term World Population refers to the human population (the total number of humans currently living) of the world.