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In Economics / Junior High School | 2025-06-03

how is small businesses defined the text?

Asked by Eppppp8482

Answer (1)

Small businesses are independently owned companies that usually have fewer employees and lower annual income than large corporations. They often serve local markets and include shops, eateries, service providers, and online sellers. In many texts, small businesses are described as important to economic growth because they create jobs and promote entrepreneurship. If you have the specific text or module, I can match the exact wording.

Answered by Sefton | 2025-06-09