Many small businesses are being forced to close because they cannot compete with multinational corporations. what problem does this cause, and how can those problems be solved?

One of the issues small businesses might face is not being able to compete with hugger incorporations,
hence
they have no choice but to stop running their businesses.
To begin
with, it must be indicated that if these petite institutes are not supported by
governments
, they will face bankrupt. ,
Furthermore
bigger companies will take their place and
that is
when capitalism happens. The more multinational companies grow, the higher the prices get. So it will become more difficult to keep the balance between incomes and expenses,
hence
the society becomes poorer.
For instance
, in the 20th-century capitalism was one of the gravest issues that made a majority of people needy and incapable of overcoming their expenses. On the other ,hand if
governments
try to utilize the right strategy, not only will
this
problem be solved, but it
also
will help every citizen get on their feet and have the balance between their salary and the prices.
For example
,
governments
can give some bonuses to people who help these newly made enterprises and give more benefits to the owners and workers of the young businesses.
Although
it might look difficult at the beginning, the consequences will be significantly pleasing. To sum up it must not be forgotten that small and young enterprises are in danger of being closed or face failure. It is for
governments
to help them with their all-time support. And prevent capitalism by stopping bigger incorporations from getting in their way. In that ,case both citizens and politicians will be benefited.
Submitted by kianarastinew1 on

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Answer the 'Problem and Solution' topic

Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.

You essay structure should look something like this:

  • Introduction
  • Body paragraph 1 – Problems
  • Body paragraph 2 – Solutions
  • Conclusion

Examples to start your body paragraph:

  • One of the first problems of the...
  • Another problem that needs to be considered...
  • A possible solution to this problem would be...
  • One immediate practical solution is to...

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You are not ready for IELTS Speaking, if you

  • Can’t speak smoothly without pauses.
  • Use simple words and lack vocabulary.
  • Feel nervous and anxious when speaking.
Topic Vocabulary:
  • community character
  • multinational corporations
  • economic decline
  • monopoly
  • tax incentives
  • grants
  • buy local campaigns
  • niche products
  • personalized services
  • economic ecosystem
  • business partnerships
  • competitive advantage
  • consumer choice
  • market diversity
  • entrepreneurial spirit
What to do next:
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