Asked by Oscar Zamora on Jun 20, 2024

verifed

Verified

Which of the following is true about the role of small businesses in the American economy?

A) They employ about 20 percent of private workers.
B) They represent only 20 percent of U.S.exporters.
C) They provide opportunities for women to succeed in business.
D) They are always operated as subsidies of large companies.
E) There has been a decline in the number of small businesses owned by minorities.

American Economy

The economic system of the United States, characterized by a mixed economy with both private enterprises and government involvement.

Opportunities for Women

Chances or avenues available for women to advance, grow, or succeed in various fields, emphasizing progress towards gender equality.

  • Acquire knowledge about the distinctive features and value of small businesses.
verifed

Verified Answer

CG
Carmen GonzalezJun 24, 2024
Final Answer :
C
Explanation :
Small businesses provide significant opportunities for various groups, including women, to succeed in business. They are known for their flexibility, innovation, and the personalized services they offer, which creates a conducive environment for women and other underrepresented groups to thrive.