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?

In

contemporary era

Suggestion

the contemporary era

, more and more local markets are forced to confront with bankrupts and eventually close their workplaces. Several detrimental impacts have been prevailed recently,

as a result

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of

this

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tendency. I will elaborate on what problems it brings and what attempts could have been taken to address the issue. The most precarious effect faced by local communities is that it brings discouragement to new entrepreneurs who are about to take

initiative

Suggestion

the initiative

to settle a

business

Use synonyms

.

However

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, as young adults observe those who have experienced lock downs, they begin to think in an alternative way that they have no capacity for

such

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a big

endeavor

a purposeful or industrious undertaking (especially one that requires effort or boldness)

endeavour

in a competitive atmosphere with supermarkets. Starting a

business

Use synonyms

seems them as if it is out the reach

for

Suggestion

of

young individuals.

Furthermore

Linking Words

, when a market plays a predominant role over its counterparts,

consequently

Linking Words

consumers have to be dependable on merely one single shop. Urgent actions must be taken to combat with these unwanted consequences. One way forward might be to provide entrepreneurs with strong endorsement,

for instance

Linking Words

, banks can allot a

business

Use synonyms

loan with lower deposits. To deal with

this

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problem,

government

Suggestion

the government

had better not to levy higher taxes for a certain period of time.

Additionally

Linking Words

, mega stores should not be empowered to expand their branches throughout the region and there should be put legislations by the government, so as to let small shops to improve. By way of conclusion,

this

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process leads noticeable dire ramifications,

such

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as the reluctance to start a

business

Use synonyms

and dependability

.

Accept space

.

They can be tackled by implementing some particular solutions,

for example

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, to back new

businesspeople

Suggestion

business people

with financial stability.