Problem
Inadequate development of enterprises in developing countries
Other Names:
Inadequate development of private sector in developing countries Nature:
The indigenous enterprise sector in developing countries is typically represented by small-scale entrepreneurs such as small traders, people providing transport services, artisans and small manufacturers. Such small-scale ventures and very small micro-enterprises are believed to account for a high proportion of industrial and service activities and employment in most developing countries.
Broader Problems:
Economic underdevelopmentUndeveloped channels for commercial initiative Narrower Problems:
Ineffectiveness of tradition-bound small business methodsLack of rural industrialization Aggravates:
Government dominated jobsDeterioration of staple food productionStagnated development of agricultural production Subject(s):
Commerce → Business enterprisesDevelopment → Development
Government → Private
Societal Problems → Inadequacy
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
04.10.2020 – 22:48 CEST