Legal Bases Fr the Enterprise Functioning in the U. S.

REPORT

Theme: “Legal bases of the enterprises functioning in USA”

Subject: Economy of enterprise

INTRODUCTION

In the 17th and 18th centuries, the public extolled the pioneer who overcame great hardships to carve a home and a way of life out of the wilderness. In 19th-century America, as small agricultural enterprises rapidly spread across the vast expanse of the American frontier, the homesteading farmer embodied many of the ideals of the economic individualist. But as the nation’s, population grew and cities assumed increased economic importance, the dream of being in business for oneself evolved to

include small merchants, independent craftsmen, and self-reliant professionals as well.

The 20th century, continuing a trend that began in the latter part of the 19th century, brought an enormous leap in the scale and complexity of economic activity. In many industries, small enterprises had trouble raising sufficient funds and operating on a scale large enough to produce most efficiently all of the goods demanded by an increasingly sophisticated and affluent population. In this environment, the modern corporation, often employing hundreds or even thousands of workers, assumed increased importance.

Today, the American economy boasts a wide array of enterprises, ranging from one-person sole proprietorships to some of the world's largest corporations. In 1995, there were 16.4 million non-farm, sole proprietorships, 1.6 million partnerships,

and 4.5 million corporations in the United States — a total of 22.5 million independent enterprises.

The main aims of this work are to give definition to the main types of enterprises in USA, to analyze their advantages and disadvantages, to determine legal bases, which regulate activity of enterprises. Object of the report is legal bases of the enterprises functioning. Subject is determining legislation of enterprises in USA.

CONTENTS

Many visitors from abroad are surprised to learn that,...