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The Role of Small Business in Economic Development of the United States: from the End of the Korean War (1953) to the Present Essay

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Below is an essay on "The Role of Small Business in Economic Development of the United States: from the End of the Korean War (1953) to the Present" from Anti Essays, your source for research papers, essays, and term paper examples.

 

The Role of Small Business in Economic Development of the United States: From the End of the Korean War (1953) to the Present A Working Paper by Major L. Clark, III and Radwan N. Saade Office of Advocacy U.S. Small Business Administration

Release Date:  September 2010   
The statements, findings, conclusions, and recommendations found in this study are those of the authors and do not necessarily reflect the views of the Office of Advocacy, the United States Small Business Administration, or the United States government.

The Role of Small Business in Economic Development of the United States: From the End of the Korean War (1953) to the Present Major L. Clark, III and Radwan N. Saade Abstract A government can use its financial strength to acquire goods and services, while at the same time watering many sources to improve the health, welfare, and security of its population. Economic development has been evasive to a significant section of the U.S. and federal programs have attempted to remedy the disparity (ies). We contend that small business is an engine of economic growth and job creation; and that not tapping it delays rather promotes growth. While providing a brief history of federal economic development programs, we argue that small business was not given a chance to act as multiplier, and that if the U.S. is to continue to grow, small businesses must be part of the mantle to lead it to the next level; otherwise, the past is prologue. Introduction Let us suggest at the outset that the past is prologue (Shakespeare, The Tempest). The United States (U.S.) Federal government’s acquisition budget is larger than the entire budgets of some countries. The government uses this monetary strength to acquire the necessary goods and services to provide for the health, welfare and security of its people and allies around the world, and to promote and achieve other goals and objectives such as economic development. “These government contracts, by means by which...

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MLA Citation

"The Role of Small Business in Economic Development of the United States: from the End of the Korean War (1953) to the Present". Anti Essays. 23 May. 2018

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APA Citation

The Role of Small Business in Economic Development of the United States: from the End of the Korean War (1953) to the Present. Anti Essays. Retrieved May 23, 2018, from the World Wide Web: https://www.antiessays.com/free-essays/The-Role-Of-Small-Business-In-280392.html