Guest viewing is limited

Why are small businesses regarded vital for economic country?

Fidelia

Veteran Member
Bronze Supporter
Literary Virtuoso
Registered Member
Joined
Oct 3, 2023
Messages
3,761
Reaction score
182
Trophy Points
3
D Bucks
💵1.480462
Referral Credit
0
Small businesses are always considered very important to the economic growth of a country. Most governments pay special attention to helping and boosting small businesses.

But come on, these businesses are small businesses. I thought the big companies are more important to economic growth since they generate more employment, pay higher tax and so on.

What makes small businesses to be considered vital to a country's economic growth?
 
That's because small businesses not only boost the economy but improve the standard of living for everyone. If people can make their own money, there would be less demand for white collar jobs.

It's also a way to aid innovation and problem solving which would be left to the government if they don't aid small business owners.
 
It will help a lot of people to be able to make their money and I'm sure that there will be no problem with or about that
 
20,380Threads
147,158Messages
468Members
Reus3748Latest member
Top