Asked by Ja’Na Speller on May 21, 2024

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According to the U.S.Small Business Administration's Office of Advocacy,small firms accounted for all of the net new jobs in 2010.

Net New Jobs

The total number of jobs created by a business or sector minus the number of jobs lost, indicating overall employment growth.

Small Business Administration

A U.S. government agency that provides support to entrepreneurs and small businesses through loans, grant programs, and counseling.

Office of Advocacy

A governmental entity that represents the views and concerns of small businesses before federal agencies and Congress.

  • Acquire insights into the fundamental nature of entrepreneurship and its contributions to economic and social spheres.
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MH
Maggie Hartley

May 27, 2024

Final Answer :
True
Explanation :
According to the U.S. Small Business Administration's Office of Advocacy, small firms accounted for all of the net new jobs in 2010. This means that small businesses were responsible for creating more jobs than they eliminated, whereas larger firms had a net decrease in jobs.