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?

It is fact that in the

business

world, those owners need to compete with each other, some are lost and forced to shut down their

business

, some might conquer and become the number one in the

business

.

However

, there is one undeniable fact that many people who owned small

businesses

need to shut down their

businesses

due to larger

companies

. The following paragraph will be discussing the cause of the problem and how to solve it.

Therefore

, the conclusion has been reached.

To begin

with, in

this

modern world, economics has a significant development because of the capitalism that encourages small

businesses

to challenge larger

businesses

.

This

is the consequence of the

government

policy that if there is competition between

businesses

, economics are likely to grow up fast, make the

government

can gain

taxes

from

business

. And, these

taxes

will become the blood of the country to develop the country.

However

, there are some solutions to

this

problem, meanwhile, the authorities still gain the

taxes

.

Firstly

, the

government

should adjust policies to reduce

taxes

for small

businesses

.

Secondly

, support them to make small

businesses

can compete with others, while increasing

taxes

for larger

companies

, or making larger

companies

donate the money to societies for the development of communities

instead

of getting more payment. In summary, the

government

should play an essential role in

this

competition to make small

businesses

equal to larger

businesses

because it is hard for small

businesses

to survive after compete with larger

businesses

. And, others reason is to make the competition between small and larger

companies

going on, to make the economic development in order to reduce poverty in people.