ANALYSIS OF THE ACTIVITIES OF SMALL BUSINESS ENTITIES IN REDUCING POVERTY
Keywords:
poverty reduction, small business entities, entrepreneurship, employment, inclusive growth, socio-economic development, state support, SMEsAbstract
One of the most pressing socioeconomic issues facing both developing and transitioning countries is the eradication of poverty. Small business organizations have gained more recognition in recent decades as a key force behind inclusive growth, job creation, and income diversity. The function and operations of small business organizations in alleviating poverty are examined in this article, along with their contributions to social mobility, job creation, entrepreneurial growth, and regional economic stability. The study highlights institutional support mechanisms, financial accessibility, and regulatory reforms as critical elements that affect small businesses' efficacy in reducing poverty. It does this by drawing on both national development strategies and international experience. The findings suggest that sustainable poverty reduction requires not only quantitative growth in the number of small enterprises but also qualitative improvements in productivity, innovation, and integration into value chains.
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