Tendencies of development of small business

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Small business exists as an independent sector of a market economy, providing the basic needs of the national economy. Small business is the strategic resource for the sustainable socio-economic development of society, which ensures its high level and improves the quality of life of the population. It helps accelerate market transformations and is manifested in organizational and technological mobility, supporting a competitive environment, quick reaction to market needs, increasing tax revenues to the budget at all levels, renewing social resources, changing the standard of living of the population, reducing social differentiation, etc. entrepreneurship to a large extent allows saturating the market with goods and services even in the conditions of the observed economic recession and crisis, and also ensures market relations and is the guarantor of social stability. It was noted that about 8 million people were employed in the small business sector. It should be noted that the employment of the population in small and medium enterprises is about 25%...

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Small business, economy, sustainable development, factors

Короткий адрес: https://sciup.org/140248325

IDR: 140248325   |   DOI: 10.20914/2310-1202-2020-1-365-368

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