ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which agency helps small business owners?
A
Small Business Agency
B
Super Business Administration
C
Small Business Administration
D
Someone Buys Agencies
Explanation: 

Detailed explanation-1: -Isabella Casillas Guzman | U.S. Small Business Administration.

Detailed explanation-2: -The U.S. Small Business Administration (SBA) helps Americans grow businesses and create jobs by providing resources and tools, including access to capital; opportunities in Federal contracting; access to entrepreneurial education; and disaster assistance for businesses, homeowners, and renters.

Detailed explanation-3: -Small business is defined as a business that has a limited number of employees, typically fewer than 500, and operates independently of larger corporations. Small businesses are typically privately owned and operated and have a single owner or a small group of owners.

Detailed explanation-4: -SBA: The U.S. Small Business Administration was created on July 30, 1953, and works with organizations and private lenders such as Citizens Bank to guarantee loans, assist with contracts, provide counseling sessions, and offer other support to small businesses.

There is 1 question to complete.