The Contribution Of Small And Medium Scale Business In The Economic Development

CHAPTER ONE GENERAL INTRODUCTION 1.0    INTRODUCTION Interest in the development of small and medium sized enterprises and their contribution in the development process continue to be in the forefront of policy debate in developing countries. The advantages claimed for small and medium scale business are various, including: the encouragement of entrepreneurship; the greater livelihood that small scale business will utilize labour intensive technologies and thus has an immediate impact on employment generation; they can usually be established rapidly and put into operation to produce quick ret…