Mention the Features of a Small Business to Be Classified

question 45

Essay

Mention the features of a small business to be classified as "small."

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Definitions:

Unemployment Compensation

A government program that provides financial payments to individuals who have lost their jobs through no fault of their own, as a means to alleviate financial hardship during periods of unemployment.

Francis E. Townsend

An American physician who was a prominent advocate for the elderly, known for proposing the Townsend Plan, a precursor to Social Security.

Government Payments

Financial disbursements made by the government to individuals, corporations, or other governments to fulfill obligations or provide support in the form of subsidies, benefits, or grants.

Second New Deal

A series of social welfare programs and reforms introduced in 1935-1936 by President Franklin D. Roosevelt in response to weaknesses left unaddressed by the first New Deal.