The statement "Businesses with profits less than $10,000 per year will be shut down" is not universally true. Whether a business is shut down or not depends on various factors, including the business's expenses, financial stability, industry norms, and local regulations. Profitability alone is not the sole determinant for shutting down a business. Some businesses may continue to operate even with profits below $10,000 per year if they have other sources of income, are financially sustainable, or serve a unique purpose in the community. Additionally, small businesses often go through ups and downs, and profitability can fluctuate over time. It's important to consider the broader context and factors involved when determining whether a business should be shut down.