The Contribution Of Small Businesses To Poverty Reduction
Keywords:
Small businesses, poverty reduction, employment, entrepreneurship, inclusive growthAbstract
This thesis explores the pivotal role of small businesses in reducing poverty, particularly in developing economies. Small enterprises contribute significantly to employment creation, income generation, and economic empowerment, especially among women and youth. Their localized operations strengthen communities and promote inclusive growth. Despite challenges such as limited access to finance and markets, small businesses remain vital to sustainable development and resilience against economic shocks. Policy support, entrepreneurship education, and digital integration are essential for maximizing their impact. This study emphasizes that fostering small business growth is a strategic pathway toward long-term poverty alleviation and economic equity.
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