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Women Entrepreneurs

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Questions and Answers

What was the growth rate of women-owned firms from 1997 to 2002?

22.1 percent

10.3 percent

15.5 percent

19.8 percent (correct)

What percentage of women-owned firms are home-based?

40.2 percent

52.7 percent (correct)

35.8 percent

60.5 percent

What was the total estimated sales generated by women-owned firms in 2002?

$500 billion

$750 billion

$1.2 trillion

$940 billion (correct)

What is the average age of individuals who lead women-owned firms?

<p>44.7 years old</p> Signup and view all the answers

Which industry has the highest percentage of women-owned businesses?

<p>Retail (19 percent)</p> Signup and view all the answers

Study Notes

Women-Owned Firms

The growth rate of women-owned firms from 1997 to 2002 was 20% annually.
Approximately 60% of women-owned firms are home-based.
The total estimated sales generated by women-owned firms in 2002 was $939 billion.
The average age of individuals who lead women-owned firms is 46.
The service industry has the highest percentage of women-owned businesses.

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Description

Test your knowledge about women entrepreneurs with this quiz. Learn about the growth of women-owned businesses and their impact on the economy. Explore statistics, trends, and success stories of women in entrepreneurship.