Limited local markets for goods and services

Experimental visualization of narrower problems
Other Names:
Shrinking local market
Underuse of local market
Disorganized local marketing
Inefficient product markets
Local communities need to expand markets for both goods and services; however such expansion is impeded by the need for capital investment and high transport costs, so that prospects for raising incomes are small. Rural products are usually sold to visiting middlemen, or occasionally to merchants from outside. In order to benefit from expanding economies, production of goods needs to be in greater quantity and of a quality suitable for larger area markets. Retailers often have to move from smaller, local markets to larger, regional ones in order to continue their business.
Broader Problems:
Archaic marketing methods
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 12: Responsible Consumption and Production
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST