Large businesses have big budgets for marketing and promotion and as a result, people gravitate towards buying their products. What problems does this cause? What could be done to encourage people to buy local products?

The budget owned by enormous companies for trading, results in attracting customers to consume their goods. It will hurt national production and the economy. To prevent that hazard, the regime should take some measures,
for example
, supporting local businesses through finance and specific programmes. The huge companies have a great wealth, which can be used to
promote
Suggestion
promote further
further
of their business and dictating other lower businesses. Because monopolizing marketing, enterprises are going to be decayed. People are buying products in the markets regardless of considering what is damaging their country because they do not have the economic awareness.
As a result
, if authorities do not take action, it will undoubtedly harm the national economy due to increasing the rate of imports from foreign countries. For
this
reason, there are many methods to deter collapsing local trade.
For instance
, The enterprise should be financed to improve their projects, and repaying annually to the state
.
Accept space
.
Another point is that governemt ought to launch new programmes in order to develop national manufacturing, it would be achieved by subsidizing farming projects, in
this
form, local products incline in the markets,
as a result
, demands increase in the stocks produced locally, and as it is pointed out before, citizens follow what is popular in the shopping centers. In conclusion, with the absence of the state's role in business, marketing, the companies, those who have large budgets, control the market, which leads to a negative impact on the national economy. It can be solved if government interferes with notions, like, financing small businesses and certain programmes.
Submitted by idris on

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Topic Vocabulary:
  • over-reliance
  • disrupts
  • entrepreneurship
  • economic diversity
  • monopolistic
  • financial power
  • homogenization
  • awareness campaigns
  • tax incentives
  • sustainability
  • artisan
  • eco-friendly
  • dominate
  • innovation
  • stifle
  • richness
  • cultures
  • traditions
  • highlighting
  • distinguish
  • superior
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