Final answer:
In 2017, around 30% of privately owned businesses were owned by women, marking a significant presence of women entrepreneurs in various industries.
Step-by-step explanation:
In 2017, approximately 30% of privately owned businesses were women-owned. This reflects a growing trend of female entrepreneurship and empowerment in the business sector. While still underrepresented compared to their male counterparts, women business owners have been gradually increasing their presence in the economy. Studies indicate that women-led businesses cover a wide range of industries, from professional services to retail and healthcare.