THE ROLE OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN REDUCING POVERTY THROUGH ENSURING EMPLOYMENT OF THE POPULATION
Keywords:
poverty, employment, poverty reduction, poverty level, unemployment, small business, private entrepreneurship, economic development.Abstract
In this article, the author analyzes the economic and social significance of small business and private entrepreneurship in reducing poverty through ensuring employment of the population. The study examines the impact of small businesses on job creation, income growth, and regional socio-economic development. Statistical, comparative, and systemic analysis methods are used as the methodological basis. The research findings demonstrate that supporting small businesses is an effective mechanism for reducing poverty.
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