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What government agencies is responsible for encouraging the development of small business?Through small business contracting, the federal government acts as a catalyst for small business growth, innovation, and supports the national economic security of the nation. Congress designated SBA as the agency responsible for overseeing small business contracting across the federal government.
Who provides start up financing for the majority of new small businesses?The majority of startup capital is provided to young companies by professional investors such as venture capitalists and/or angel investors. Other sources of startup capital include banks and other financial institutions.
How did the government support business quizlet?How did government support business? They gave land grants and subsidies to railroads and other businesses and kept high tariffs on imported goods. Why was Edison's power plant important? It allowed Americans to use new inventions such as the lightbulb.
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