接下来课文...This may be illustrated by comparing the position of a nation with that of a private business enterprise. ...
compare with 与….. 比较 ('compare with'mormally emphasizes similarity)
contrast 比较 ('contrast' mormally refers to difference)
compare to: 比作 We compare him to be a chicken.
private (business) enterprise /individual enterprise /
one man enterprise : 私企
接下来课文...An enterprise has to incur certain costs and expenses in order to stay in business. For our purposes, we are concerned only with one kind of cost--the cost of managing and administering the business. ...
out of business : 破产
concern with :talk about
concern for/about 关心
I concern for your health.
接下来课文...Such administrative overhead in a business is analogous to the cost of government in a nation. The administrative overhead of a business is low to the extent that everyone working in the business can be trusted to behave in a way that best promotes the interests of the firm. ...
is low to the extent/degree that …可以改为 is so low that
接下来课文...If they can each be trusted to take such responsibilities, and to exercise such initiative as falls within their sphere, ...
exercise initiative: 发挥能动性
Initiative stage: 初级阶段
within their sphere/ to their utmost 尽其最大力量
接下来课文...then administrative overhead will be low. It will be low because it will be necessary to have only one man looking after each job, ...