After viewing the video, The Difference Between For Profit and Nonprofit Organizations (Links to an external site.) , address the following points in your initial post:

· What are the differences between for-profit and nonprofit organizations?

· What are the similarities between the two types of organizations?

· Beyond the scope of activities, which type of organization (between for-profit and nonprofit) do you believe is a significant part of the U.S. economy, both in terms of income and employment? Please explain.