The Role Of Small Businesses In Local Economic Development
Economic development can be achieved through a variety of methods such as policies, investments, and public-private partnerships. It is also a key component of national strategies to promote economic and social progress. Small businesses play a crucial role in local economic development. Small businesses contribute to a significant portion of the local economy, by providing jobs and income, helping to spur local economic growth, and providing essential services to the community. It provides jobs and income for local residents. Small…