Why is small business important to the economy?

MANAGEMENT PLAN 1
11/09/2019
LAW531 Week 3 Learning Team Assignment Week 3 IRAC Brief Main
11/09/2019

Why is small business important to the economy?

Respond to the following prompts. Your response should be at least 250 words for the assignment.

Part 1: Based on Forbes column from the readings list and any other resources you would like to consult, how do you think small businesses should be defined? Why does it matter how we define “small” business?

Part 2: Why is small business important to the economy?

Please cite at least three sources.

Module 1: Further thought

Part 1: Based on readings, specifically the Forbes column, how do you think small businesses should be defined? Why does it matter how we define small business? Full Marks: 10.0

Part 2: Based on this reading, how has the role of small business changed since 1953? Considering the changes in the economy and technology, how will the role of small business in our economy change over the next five to 10 years? Full Marks:10.0

Full marks: 20.0

Reading List:

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