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 latter

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being suffocated. The paragraphs below will outline

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trend, evidencing the outcomes of

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act and possible solutions to settle it.

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with, several small stores are family businesses

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

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of family heritages and their money source

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since part of these people

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not invest in another career.

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, looking at an economic point of view, having big commerces domaining the market may be problematic, as there will not have competition and they will charge the price they find interesting.

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, in São Luis, a Brazilian city, there is only one supermarket chain. Because of

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, some products are extortionate and the population is unable to search for

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

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issue.

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

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of other places.

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, the government must incentive a just trade, imposing higher taxes to enterprises with higher incomes,

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, equaling the final selling prices of their goods.

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, people would choose where to buy based on their will, not on the money wasted.

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, 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 lead to overcharging in their products, as they would domain the market.

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

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apply economical measures to equal the final selling price.