Can an American own a business in South America?

It's said Small Business creates jobs in America. What % of American jobs are created by small business and what % by large corporations?

• Answer:

  Hey there Rosie it is also said small business is the engine that drives the economy. It is small business that Obamas policies hurt the most. As for their contributions to the economy, here are some numbers Represent 99.7 percent of all employer firms. Employ just over half of all private sector employees. Pay 44 percent of total U.S. private payroll. Have generated 64 percent of net new jobs over the past 15 years. Create more than half of the nonfarm private gross domestic product (GDP). Hire 40 percent of high tech workers (such as scientists, engineers, and computer programmers). Are 52 percent home-based and 2 percent franchises. Made up 97.3 percent of all identified exporters and produced 30.2 percent of the known export value in FY 2007. Produce 13 times more patents per employee than large patenting firms; these patents are twice as likely as large firm patents to be among the one percent most cited. Not a wholelot more that I could say except...... ....Have a wonderful day Rosie