Final answer:
A family-owned restaurant in the neighborhood is an example of a small business that thrives due to its connections with suppliers and its community.
Step-by-step explanation:
A family-owned restaurant in the neighborhood is an example of a small business. Small businesses are typically owned and operated by an individual or a family, and they often serve local communities. These businesses can vary in size and scope, ranging from a single location to multiple branches.
Family-owned restaurants like this thrive due to their connections with suppliers and their community. They often serve unique and personalized menus, providing a sense of familiarity and community. Additionally, their close-knit nature allows them to maintain strong relationships with customers, resulting in repeat business and a loyal customer base.
Despite not earning economic profits in some cases, family-owned restaurants may prioritize factors such as maintaining tradition, preserving family heritage, and providing employment opportunities for family members and local residents.