To What Extent Have Economic Policies Affected Small Businesses in the UK in the Past 10 Years?

Abstract

The research studied and investigated the economic policies in the UK in the past ten years and the economy of small businesses in the UK. The dissertation is trying to answer whether the economic policies in UK affect the small businesses, whether these effects are positive, and the extent of these effects brought by economic policies. The significance of this research topic is that economic policies will affect small enterprises and businesses from many aspects, including operating mode, costs, market competitiveness, and investment decisions, etc. Therefore, in-depth research on how economic policies affect small businesses can guarantee their development and help them make correct economic decisions. Two effective methods have been used to reach the conclusion. The first one is to investigate the subject of the research and to obtain a more comprehensive understanding of the relationship between economic policy and small business by collecting materials about the current or historical situation of the research objects in a purposeful, planned and systematic way. Another method used is to obtain data by researching the literature and essays, so as to comprehensively, correctly understand, and grasp the economic policy and the development of small businesses in the UK. The conclusion is that economic policies have a great impact on small businesses, these effects are positive or negative depending on the policies. However, most economic policies have a positive impact on small businesses. These policies are also key to the success of many small businesses.