Small businesses make up the majority of the competitive landscape for most businesses. There are approximately __________ small businesses in the United States.
A)17 million
B)28.2 million
C)39 million
D)52 million
E)97 million

Question

Quizplus · Accepted Answer

According to the Small Business Administration, there are approximately 28.2 million small businesses in the United States as of 2021. This includes businesses with less than 500 employees, which account for 99.9% of all businesses in the country.

Small Businesses Make Up the Majority of the Competitive Landscape