In many countries ,small shops are closing.Give your reasons about this also is it a positive or a negative development?

There is no doubt that many local business firms

are vanished

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vanish

have vanished

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. In my opinion, I firmly believe that

this

trend has more drawbacks than any merits can bring.

This

would

can

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apply

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cause unemployment and destruction of

l

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the

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ocal economy. The

first

and foremost problem of closing local shops is that it would result in unemployment.

This

is because, when these markets are closed, the workers

also

may

loss

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lose

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their jobs, eventually, they end up in a position that without work.

For instance

, in India, when globalisation was irrupted, the domestic business was severely affected,

consequently

, rural areas are tarnished and life becomes pathetic. 'By seeing

this

, it is clear that

d

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the

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estruction of domestically developed firms can have a huge repercussion. Another point is here to consider that destruction of

l

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the

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ocal market.

This

would result

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in

from

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farming and allied area could not grow more since they hard to find a place to sell their products and the entire sector would be badly impacted and they gradually and slowly face financial instability and they may fail to repay their debts to the bank.

This

results in

aution

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action

auction

of their property,

for example

,

Kerals

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Kerala

Kernels

witnessed many suicide cases since the farmers could not find any market to sale their products and earn money to live a decent life.

Thus

, it is evident that if anything happens to the locally running firms can destroy

s

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the

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tatus of the common people. In conclusion, when closing any rural business can have a negative impact on

the

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society. In my opinion,

this

scenario leads

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to

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unemployment and tarnish of

d

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the

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omestic market.