The sum of all the market value of publicly traded corporations in the United States exceeds the combined value of partnerships and sole proprietorships.

Question

Quizplus · Accepted Answer

This statement is true. According to the US Small Business Administration (SBA), as of 2021, the total market value of publicly traded corporations in the US was over $47 trillion, while the estimated value of partnerships and sole proprietorships combined was around $15 trillion. This suggests that corporations represent a significantly larger share of the US economy than other forms of business ownership.

The Sum of All the Market Value of Publicly Traded