In the midst of a global pandemic and economic recession, 9 million small businesses are at risk of closing this year. The outlook is even worse for minority-owned businesses—8 out of 10 stated their company was in poor financial condition, even after Paycheck Protection Program (PPP) loans. At the same time, U.S. census data shows a record-breaking surge of new small businesses. Use the linked article and video along with our accompanying discussion questions to help students reconcile both realities.
