How do small businesses contribute to the U.S economy?

A) By creating job opportunities
B) By refraining from market competition
C) By paying a professional tax higher than other businesses
D) By adhering to traditional methods of operation

Market Competition

The rivalry among businesses to attract customers, increase sales, and improve market share by offering better products, prices, or services.

Professional Tax

A tax levied by state governments in India on individuals working in various professions, trades, and employment.

Traditional Methods

Established techniques or approaches that have been used over time, often passed down through generations, in various fields such as medicine, agriculture, or education.