Small Business's Big Impact on the U.S. Economy

What is the significance of Small Business Saturday?

• It is a day to promote online shopping.

• It encourages shopping at small businesses to support local economies.

• It marks the beginning of the holiday shopping season.

• It is a day to recognize large corporations.

Why is it important for small businesses to engage in the global marketplace?

• To avoid local competition.

• To set their own trade rules.

• To increase their local customer base.

• To ensure they have a level playing field with international standards.

What was one of the key actions taken by the Obama administration to support small businesses?

• Increasing the small business lending cap.

• Reducing the number of small businesses.

• Limiting small businesses to local markets.

• Increasing regulations on small businesses.

How did the Obama administration address the workforce gap?

• By collaborating with the Department of Labor to upskill employees.

• By reducing the number of jobs available.

• By increasing the retirement age.

• By outsourcing jobs to other countries.

What technological tool can small businesses use to find employees efficiently?

• Microsoft Excel

• Salesforce Technologies

• Google Maps

• Zip Recruiter