Which of the Following Statements About Small Businesses in the US

question 35

Multiple Choice

Which of the following statements about small businesses in the US is FALSE?

• A)Small businesses represent about 99.7% of all employing firms.
• B)Small businesses generate about 15% of all new jobs annually.
• C)Small businesses employ almost 41% of all high tech workers.
• D)Small businesses represent almost 97% of identified exporters.

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Definitions:

Texas Independence

The process by which the Republic of Texas broke away from Mexico to become an independent nation in 1836, later joining the United States in 1845.

Democratic Shift

A term referring to a change or transition within a society or political system towards more democratic policies, practices, or values.

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A political agreement in 1820 that allowed Missouri to enter the Union as a slave state and Maine as a free state, maintaining a balance between free and slave states.