Small businesses are disappearing and being replaced by large multinational companies. Do the advantages outweigh the disadvantages.
Minor investment entities seem to have vanished and been drawn out by major firms . Due to industrialization , an increase of economy and development in trade , other countries invest in multinational cooperatives and
thus
lead to fading of compact entities.
Extensive institutions bring economic advancement and employment opportunities . The entry of Linking Words
such
bureaus increases the trade relations between nations , in-turn yielding profits to both parties . They not only upsurge the financial state of the country but Linking Words
also
create employment opportunities for all of society . Linking Words
For example
, a developing country trading with a developed strong nation, leads to profits in the currency of the larger nation, Linking Words
thus
benefiting the developing country to a great extent .
Linking Words
On the contrary
, due to the development in Linking Words
such
trade-related bonding , the native compact companies which run on low income take a hit . Linking Words
As a result
of Linking Words
such
rise, minute companies fail to compete in the market against the larger companies , leading them to bankruptcy. Linking Words
For example
, a company providing household cleaning services will lose its charm when a huge tech company launches a vacuum cleaner at half the price of the service. Linking Words
This
causes loss of jobs to many families trying to make ends meet.
In conclusion, the advantages of urbanization include the success of the nation , gains but Linking Words
also
a source for the end of some dwarf companies. Linking Words
Thus
, In my opinion, we must find a balance and make amends to retain the profits but not affect the existing organisational set up in the provincial. Redressing the investments into small scale companies can be a good start for the same.Linking Words
Submitted by dereksidh on
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