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Q: What percent of all US businesses employ 20 or fewer people?
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How many percent of all US firms employ 100 or fewer workers?

25%


How many people did the American Security Equipment Corp. employ in 2001?

It had fewer than 100 employees in 2001


What are social factors affecting business?

A high unemployment rate is a social problem that affects businesses. With fewer people working, consumers can't purchase a businesses' products.


Why do corporate farms employ fewer workers?

They rely on machines and computers to do the work.


How may franchise operations be said to be more successful than independently owned businesses?

Fewer than 10 percent of franchised retail businesses fail during the first two years of operation, whereas approximately half of independent retail businesses fail during that period.


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Consumer Spending Declines


During a businesses don't sell as much there are fewer jobs?

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People worked shorter days and fewer hours.


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Firms employ fewer workers than they would at the equilibrium wage.


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The fewer people that know, the better. There were fewer children at camp.


Why has urbanization occurred?

Urbanization occurred because of changes in the nature of the economy of both the country and the city. For example, agricultural machinery was developed that was able to do the work of many people. As a result, farms could increase in size and employ fewer people.