Florence was surprised to learn about the government assistance offered to small businesses in her country’s market economy in early 2020 due to the COVID-19 pandemic. What assistance did the government provide to small businesses during the pandemic? (1 point) Responses Emergency food supplies Emergency food supplies Free storefronts Free storefronts Emergency loans Emergency loans Merchandise invoice extensions.

Answer 1

During the COVID-19 pandemic, many governments provided various forms of assistance to small businesses. The most common type of assistance included emergency loans to help businesses stay afloat during the financial difficulties caused by the pandemic. Additionally, programs such as grants, tax relief, and other financial support measures were implemented to assist small businesses in surviving the economic downturn.

Based on the options given, the correct response would be emergency loans.