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Band 7.5

Many small, local shops are closing as they are unable to compete with large supermarkets in the area. How does this affect local communities? How could this situation be improved?

#shops #supermarkets #area #affect #communities #situation
Nowadays, many small grocers are lockdown, according to the inability to eliminate the big supermarket, it has caused significant issues to local communities. There are some reasons for
this
 problem, namely the growth of unemployment and health's impact. In my opinion, the local government should operate to control the damage.
To begin
 with, the consequence of decreasing the number of local shops resulted in citizens losing their job,
This
 situation forced the small store entrepreneurs to reassign the employees in order to save the budget and conserve the expenditure.
Thus
, the growth in the unemployment rate is not favourable for society. These quantities entitle taxpayers to reduce which affects the country economically.
Furthermore
, since the demand is fully controlled by supermarkets, monopolizing the price of stocks will occur and civilians have to suffer from it.
Moreover
, as long as people purchase the products from the supermarket, specifically grocery goods, it has instantly impacted the human body due to stale ingredients which most supermarkets can’t provide daily and include toxic chemicals which lead to cancer. As two sectors are mentioned for ensuring the local communities effectively. There are several methods to maintain the small stores with the allowance of local governments.
First
 of all, authorities should implement a tax scheme for companies with different incomes to balance the competition.
Moreover
, the governments can
also
 encourage the banks to promote a special loan plan for local shops as long-term financial support so that supermarkets cannot easily eliminate the local stores. In conclusion,
although
 the mentioned solution will help smaller stores still on the path, there are plenty of ways to solve
this
 crisis. If local governments work overwhelmingly to formulate the equilibrium competitions, there will be fewer problems for city governments to deal with.
Submitted by bankniravong on

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