Axis
Banned
rural areas are places that are underdeveloped these are interior villages and they do suffer business crisis. there are some factors that has led their businesses not to develop and grow. some of the factors are:
due to the fact that it is an underdeveloped area the availability of social amenities will be found lacking amenities like electricity, good roads, pipe Borne water and other amenities are rarely found in rural areas and these are what businesses needs in order to thrive and so when this things are found lacking it can lead business not to de develop and grow. and also most times government really support businesses in rural areas like giving out loans with low interest rates and because of these many people find it to manage or even establish businesses.
I'm not a major thing that has made business is not to thrive is because of excessive migration. due to the migration of people from the rural areas to the Urban areas business is now find it hard to market their goods because the consumers are becoming fewer they have today and because of this they demand toward a particular goods will be reduced and this can also discourage the supply of goods as well. the circulation of flow of money in such businesses will not thrive. and so businesses can face many crisis in fact such businesses tend to crumble or even get destroyed.
due to the fact that it is an underdeveloped area the availability of social amenities will be found lacking amenities like electricity, good roads, pipe Borne water and other amenities are rarely found in rural areas and these are what businesses needs in order to thrive and so when this things are found lacking it can lead business not to de develop and grow. and also most times government really support businesses in rural areas like giving out loans with low interest rates and because of these many people find it to manage or even establish businesses.
I'm not a major thing that has made business is not to thrive is because of excessive migration. due to the migration of people from the rural areas to the Urban areas business is now find it hard to market their goods because the consumers are becoming fewer they have today and because of this they demand toward a particular goods will be reduced and this can also discourage the supply of goods as well. the circulation of flow of money in such businesses will not thrive. and so businesses can face many crisis in fact such businesses tend to crumble or even get destroyed.