Asked by Ericka Pearce on Jun 20, 2024
Verified
The Small Business Administration (SBA) estimates there are over 220 million small businesses in the United States.
Small Business Administration (SBA)
A U.S. government agency that provides support to entrepreneurs and small businesses through loans, loan guarantees, counseling, and other assistance programs.
- Understand the function and repercussions of small businesses within the economic framework.
Verified Answer
NS
No stop I swear to gosh stopJun 23, 2024
Final Answer :
False
Explanation :
The Small Business Administration (SBA) does not estimate there to be over 220 million small businesses in the United States. As of the latest data, there are approximately 32.5 million small businesses in the U.S.
Learning Objectives
- Understand the function and repercussions of small businesses within the economic framework.
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