Final answer:
The statement regarding the number of small businesses registered in BC cannot be verified with the provided data, which pertains to the U.S. economy. However, it is clear that small businesses, including non-employer businesses, form a substantial part of the economy.
Step-by-step explanation:
The statement that there are over 400,000 small businesses registered in BC is likely addressing the vast number of small businesses that exist in specific regions. While the exact number for British Columbia (BC) isn't provided in the reference information, the data indicates that small businesses are a significant portion of the economy. In the U.S., for example, 35% of workers are employed by firms with fewer than 100 workers, and the U.S. Census Bureau counted 5.7 million firms with employees as of 2010. Those firms range in services from dentists and lawyers to cleaning and landscaping businesses. Additionally, there are millions of small "non-employer" businesses that are not counted in these figures, suggesting that the actual number of small business entities could be higher.