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

Across the globe, the issue of large companies dictating the global economy has raised quite a concern. Because its negative implications may run far and wide, it is more than necessary to look at the root causes

first

and

then

look for possible countermeasures. What contributes to the dominance of large corporations in the

first

place has much to do with local governments. Politicians put efforts to enlarge multinational corporations, but remiss the importance of small local shops,

therefore

, local shops possess no resources to compete with those enterprises, which triggers profound impacts on local financial systems. The following reason,

then

, is the myriad of products. Large companies possess tremendous funds to provide local residents with plentiful goods.

On

Suggestion

In

By

contrast, traditional shops don't contain the ability to meet the demands of locals. Exotic merchandise,

in addition

, must

also

be held responsible. With the emerging ideas of living in a village worldwide, people are inclined to buy exotic products in large companies, as they have the ability to meet demands.

However

, small shops provide only local goods,

thus

, people won't be seduced from purchasing their products. If these acts and beliefs leading to the dominance of large companies can be addressed, the effort must begin with setting up new policies. On the one hand, local governments should attach great importance to local companies, and make a balance between both sides,

then

distribute resources to small shops.

Therefore

, cultivating them to obtain abilities to maintain their own economies.

On the other hand

, local governments should

also

conglomerate local

citizen's

Suggestion

citizens'

consciousness to purchase more of their own goods,

instead

of blinding worshipping of foreign goods and ideas.

Next

, emphasis more attention on rejuvenating local financial systems.

Last

but not least, local shops should

also

integrate their own stores and entrench guilds in order to strengthen their power to compete with those large companies. When it comes to exploring why the dominance of large companies has been so prevalent, the causes must be located in the

first

place while effective solutions have to be designed to counter the problem. It is probably the most prudent way to address

this

issue related to those companies which are dictating local financial systems.