Key Concepts Determine the best answer. 1. The largest number of U.S. businesses employ a. more than 100 people b. between 50 and 100 people c. between 10 and 20 people d. no employees other than the owner 2. Which of the following is not one of the common activities of all businesses? a. producing goods and services b. employing and training personnel c. marketing goods and services d. maintaining business records 3. A retailer is an example of a(n) a. extractor c. intermediary b. producer d. service business Make Academic Connections 4. Math if 42 percent of all people working in the United States are baby boomers, how many were working in 2008 ? II 15 percent of the baby boomers retire in 10 years, how many jobs will this represent from 2008 employment? Use employment information from the lesson to make the calculations. 5. Visual Arts Select a product that involves all of the types of businesses in its production and marketing. Draw an illustration that shows each business and its role in the successful production and sale of the product. Title your illustration and label the component parts