In many countries, small shops are closing. Why this is happening? Is it a positive or negative development?

A business runs with the involvement of groups of individuals either it is small or big. It has been seen that local traders are shutting down their

enterprises

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in various countries. I propound that closing of small business have multifarious

reasons

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such

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as the liberalization of the economy and foreign investment

also

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wothwhile

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worthwhile

for growth.

This

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essay shall discuss the

reasons

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of

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for

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declining small shops and how it has

a

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apply

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beneficial progress. one of the prime

reasons

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of

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for

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winding

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the winding

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up of local traders is broadening the economy and foreign investment. Competitive price and fair deals pushing down to close small

enterprises

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.

For example

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, Amazon is an enormous multinational company which gave

attractive

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an attractive

the attractive

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price and best deals to buy products.

Hence

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,

such

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incients

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incidents

have a major impact

of

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on

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closening the small

enterprises

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.

In addition

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, because of large quantities products became cheaper which leads to rapid

economy

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economic

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growth.

Undoubtly

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Undoubtedly

, declining in small

enterprises

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has numerous pros in

growth

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the growth

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of countries ubiquitously.

Amalgamation

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The amalgamation

An amalgamation

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of a range of products and

cost effectiveness

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cost-effectiveness

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is made an individual's life easy. People can go under one roof and compare the prices and qualities before buying.

For instance

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, Big

Bazzar

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Bazaar

sells complete groceries, clothing,

electronic

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electronics

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and furniture where people do not need to visit different places.

Therefore

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,

such

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pros entirely beneficial to mankind.

Furthermore

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,

time saving

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time-saving

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is

the

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apply

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another major factor where people prefer to visit large stores because of hectic schedule over small shops. To conclude, declining in small

enterprises

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have many

reasons

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such

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as economical and

time saving

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time-saving

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. It is

undoubtly

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undoubtedly

beneficial to communities and countries development.