Answer: Option A and C are true.
Explanation:
Small businesses are privately owned establishments, which are either partnerships or sole proprietorships. They normally have fewer working staffs and less revenue generated annually, when compared to a regular-sized business or corporation.
This small businesses are normally at the community/grass-roots level. They are very essential to every economy as they create employment opportunities, play a vital role in the local economy and create financial independence to owners.
The small businesses play a huge role in import and export to other nations, as majority of exports/imports comes from small businesses.