Small businesses are the backbone of the American economy. They create jobs, drive innovation, and help to grow local communities.There are a number of reasons why small businesses are so important. First, small businesses are the largest job creators in the United States. In fact, small businesses create two out of every three new jobs in the country.Second, small businesses are a major source of innovation. They are responsible for a large share of new patent applications and for a significant portion of new product and service introductions.Third, small businesses help to grow local economies. They are typically locally owned and operated, which means that their profits stay in the community. This injection of money into the local economy can help to spur economic growth and development.In short, small businesses are vital to the health of the American economy. They create jobs, drive innovation, and help to grow local communities.