The economic recession of the late 2000s has had minimal effect on small businesses.

Question

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The economic recession of the late 2000s had a significant effect on small businesses. Many small businesses struggled to stay afloat due to reduced consumer spending, decreased access to credit, and increased competition. Many small businesses closed their doors, while others had to lay off employees or reduce hours. It took several years for the economy to recover, and many small businesses are still feeling the effects of the recession today.

The Economic Recession of the Late 2000s Has Had Minimal