LEGOPARTY

As explained earlier, entrepreneurs play a very important role in economic development. They are the ones who create goods, services and jobs. Considering our poor economy, there is clearly a great need for more and more entrepreneurs in our country. Prices of goods are high because their supply is scarce. Hobs are few because economics activities are also few. In Japan and other industrial countries, they experience labor shortages due to so much activities in agriculture, trade and industry. They use machines and import labor from poor countries with labor surpluses.

With proper and adequate assistance pograms, our government can develop a larger entrepreneurial economy. Priorities should be focused on micro and small entreprises. Such as mass and community based projects utilize local labor, material, management and technology. Hence the poor masses are benefitted.

Statistics on economic conditions favorably contributed by small businesses are based on U.S. setting. There are no available data on the specific economic contributions of small businesses in different country. Nevertheless, it is obvious that there are country that have micro and small enterprises are numerous and rampant. Market vendors, groceries, bakeries restaurants, repair shops and many other dominate our communities.

In all villages and towns, there are micro enterprises. Only very few communities have big enterprises. Most of them are located in the cities. Even without statistics, small business greatly contributes to the generations of jobs and incomes for many people. Hence, the thrust of the national government in the promotion of small enterprises throughout the country. Such business opportunities are accessible to the poor masses.

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