Reflections: Small Businesses
Abstract: An enviable aspect of the U.S. economy around the globe is our spirit of innovation, entrepreneurship, ease of business entry and exit, and labor market flexibility. These are key attributes of a dynamic economy, one that offers opportunities for people to live good and productive lives. Entrepreneurship – setting up and running one’s own business – has always been part of the narrative of the American dream, an avenue to creating and growing wealth, contributing to the community, and leaving a legacy for one’s family.
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Reflections by Loretta Mester
Publication Date: 2022-04-07