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).
Statisticians have calculated the mortality rate for the world to be roughly .883 percent. This means that 1 out of every 113 people in the world died last year. Based on this rate, here is an estimate of the incidence of death among people now living in the world: 1.78 deaths per second.