Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages

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In recent times, small trade
companies
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have become
backward
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backwards
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compared to large industries. It is a devastating issue
to
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for
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self-business owners, large multinational
companies
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play a crucial part in its society. It has advantages and disadvantages. In
this
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essay. I will discuss both sides. On the one hand, trade is a crucial role in national economic growth. Big-scale
companies
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generate large-scale products in a day. It helps to provide all over the country and exports their goods to different countries because stimulates their income and supports the national economy.
For instance
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, in Sri Lanka's GDP, 60% of incomes come from big industrial
companies
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Furthermore
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, another benefit is that huge multinational
companies
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are stimulating job opportunities because it will help people enhance their quality of life and enhance incomes
On the other hand
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, the main disadvantage of
this
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phenomenon is that governments encourage big multinational
companies
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which leads to small
businesses
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demotivated
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being demotivated
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.
Therefore
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small business owners' incomes degenerate as a consequence, self employers would face a financial crisis and people will become
a
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apply
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poverty. In my opinion, especially it is good to balance both business types for economic growth.
For example
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, India has big self- employers and small
businesses
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but encouraged only large-scale
companies
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.
Thus
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proper long-term strategies can decline these issues. In conclusion, after a thorough analysis of the topic, large-scale
businesses
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generate a huge income. It has advantages and disadvantages. Self-employer
businesses
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also
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play a vital part in its society. It can enforce the right method before implementing it

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Use a variety of complex and simple sentences

You should use complex sentences in your writing, but it does not mean that you should try to make all of our sentences complex.

‘Complex’ sentences are not actually very complex; they are just two or more simple sentences put together. Putting them together makes the essay more coherent and cohesive.

Examples:

I really want to study but I’m too tired.

I wore a warm coat because the weather was cold.

If action is not taken soon on climate change, global warming will get worse.

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Topic Vocabulary:
  • Displacement
  • Economies of scale
  • Local economies
  • Standardization
  • Cultural homogenization
  • Personalized service
  • Innovation
  • Community investments
  • Environmental impact
  • Competitive prices
  • Tax contributions
  • Job losses
  • Cultural diversity
  • Local employment opportunities
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