Many small businesses are being forced to close because they are unable compete with multinational corporations? What problems does this cause and how can problems be solved?

A current setback discussed is the role of big companies play in closing local stores, as the

lattest

Correct your spelling

latest

ones are being suffocated. The paragraphs below will outline

this

trend, evidencing the outcomes of

this

act and possible solutions to settle it.

To begin

with, several small stores are family businesses

which

Correct pronoun usage

that

show examples

sustain a whole household from generation to generation, existing for decades. Shutting down these businesses can cause the

lost

Replace the word

loss

show examples

of family heritages and their money source

,

Remove the comma

apply

show examples

since part of these people

do

Change the verb form

does

show examples

not invest in

other career

Change the wording

another career

other careers

show examples

.

Moreover

, looking at

a

Change the article

an

show examples

economic view, having only big commerces domaining the market may be problematic, as there will not be

competition

Replace the word

competitive

show examples

and they can charge the price they find interesting.

For instance

, in São Luis, a Brazilian city, there

are

Change the verb form

is

show examples

only one supermarket chain. Because of

this

, some products are extortionate and the population is

unabled

Correct your spelling

unable

enabled

to search for

it

Correct pronoun usage

them

show examples

in other establishments, as there are none. In spite of the aforementioned fact, there are some options that can be

applyed

Correct your spelling

applied

in different aspects to solve

this

issue.

Fistly

Correct your spelling

Firstly

First

, the population must encourage local shops, buying items from them

instead

of other places.

Secondly

, the government can incentive a just trade, imposing higher taxes

to

Change preposition

on

show examples

enterprises with higher incomes,

hence

, equaling the final selling prices of their products.

As a result

, people would choose based on their will, not in wasted money.

Therefore

, working on these suggestions, small enterprises might not close and could compete fairly. To summarize, the advent of multinational corporations can destroy families income sources and, as they would domain the market, lead to overcharging in their products.

Although

,

besides

the population opting to purchase in local trades to diminish the closure possibility, the government could

also

apply economical measures to equal the final selling price.