Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

20
How are small businesses the "backbone of the economy" when (it seems) the majority of jobs and production are from large corporations?
Post Body

This applies to the U.S. specifically. That term is thrown around a lot when discussing our economy. But to me, it seems large corporations dominate the labor market and generally have the most influence on the production in our country. I really don't know that many people who own or work for a "small business". I can't even list too many in my city. Instead most people are doing jobs for things like Amazon, Walmart, Mcdonalds, Microsoft, etc. And I would assume these major companies generally have the most output of products or services that feed into the economy due to the fact that they're the most widely available to everyone. Not many would bat an eye when some local "ma and pa" groccery store closes, but it would affect an entire town if their local Walmart shut down. If Amazon suddenly went out of business for whatever reason I can only guess that would tremendously impact the entire stock market negatively and be felt by most Americans in some way shape or form. Not the case if some little delivery service ran by a family got outperformed.

I'll admit my assumptions here can be wrong as my knowlege on economics is still pretty narrow, but I'm just trying to educate myself more. Thanks in advance

Author
Account Strength
90%
Account Age
1 year
Verified Email
Yes
Verified Flair
No
Total Karma
29,797
Link Karma
19,032
Comment Karma
10,765
Profile updated: 6 days ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
1 month ago