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).
Birth rate: 15.18 births/1,000 population (2014 est.). Definition: This entry gives the average annual number of births during a year per 1,000 persons in the population at midyear; also known as crude birth rate.