THE IMPACT OF SMALL SCALE BUSINESS IN ECONOMIC DEVELOPMENT OF PEOPLE. (A CASE STUDY OF NNEWI TOWN IN ANAMBRA STATE)
ABSTRACT
This project work has the general intention of examining The Impact of Small Scale Business In Economic Development Of People in Nnewi Town Anambra State. The economy of Nigeria has experienced a drastic set back in the role played by small scale business. This can be seen by the inability of most financial institutions in the country, which gives out loan to meet the demand of their numerous customers.
However, the economy of Nigeria which is a good example of a developing economy is attributed with many problems. It is on this basis that this research was carried out to actually know the factors behind the business and to investigate into the remote and immediate cause of sudden increase of small scale business in our economy.
The data collected were classified, analyzed and interpreted using tabular and percentage presentation to ensure clear understanding of work.
Based on the researcher findings, recommendations were made on how best this problem could be tackled to ensure better future for small-scale industries.
The researcher concluded that a bright future awaits small scale business in the state if only they would take time to embrace the research findings as reflected in the recommendation.
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of Contents
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study
1.2 Aim and Objectives of the Study
1.3 Significance of the Study
1.4 Statement of the Problems
1.5 Scope of the Study
1.6 Limitation of the Study
1.7 Research Question
1.8 Formulation of Hypotheses
1.9 Definition of Terms
CHAPTER TWOCHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
REFERENCE
APPENDIX
QUESTIONAIRE
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
Small scale business is the dominate form of business enterprises in many countries especially developing countries like Nigeria and other West African countries. This means that small-scale business plays active role in the economic development of this country Nigeria. Despite the fact, they have not being accorded the recognition and respect due for them, give the necessary financial and other supports they deserve to improve in their performance considering the fact that most, if not all of the multinational corporations in the state and nation at large started small scale business, something concrete must have to be done to encourage this from of business, especially now that they have seem to be of an important role over the growth of economy.
Meanwhile, this research subject is intended to examine the impact of small scale business in economic development of people in Nnewi town Anambra State. Which could led to the development of the country particularly in Nnewi town.
In the course of this research write-up, suggestions that could help in the small scale business in the development of the economy would be discussed.
1.2 AIM AND OBJECTIVES OF THE STUDY
This project research is principally undertaken to reveal some of the impacts of small scale business in the growth of economy in Nnewi town Anambra State.
The relevant objectives should be pursued namely;
Ø To encourage the development of small scale business as one of the source of economic development.
Ø To identify the problems militating against the effectiveness of small scale business.
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