Abstract
Small-scale business and business has great value in economic potential of each state. Uses of local resources in activity of small-scale business and business provides their efficiency. Possibility of manufacture of the competitive goods is as a result provided. In article on the basis of theoretical and analytical materials the basic directions of increase of efficiency of small-scale business and business with use of local resources are defined.
Highlights
In order to ensure the development of the countries of the world, it is necessary, first of all, to increase the middle class and entrepreneurial activity, which is the basis for its formation
Entities engaged in small business and entrepreneurship and their leaders strive to increase the amount of profit they receive along with the development of their activities
I.Shumpeter has done a lot of research on small business and entrepreneurship and as a result gives the following definition of entrepreneurship: “Entrepreneurship is neither a career nor a profession, it is a unique ability to bring innovation to the market on a risk basis
Summary
In order to ensure the development of the countries of the world, it is necessary, first of all, to increase the middle class and entrepreneurial activity, which is the basis for its formation. In accordance with the programs for 2021 and the near future, efforts will be made to further develop small business and entrepreneurship in our country, to further increase the share of the private sector in the country's economy. More than 70% of the country's population is engaged in small business and private entrepreneurship.
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