Question

Project proposal "Exploring the role of small and medium enterprises in Zimbabwe".

Answer 1

Zimbabwe is considered as one of the poorest country in the world, which has low GDP and depends mostly on agricultural activities. Now most of the higher economic country have large scale industries which is the backbone of their GDP and economic development. Now there is a basic rule, if we want to establish big industry then we need to start from small scale industries. Therefore to develop country like Zimbabwe, their government should increase number of small and medium enterprises, that will automatically employ individuals and increase their revenue. In that way if number of individuals revenue increase that will increase government taxes and again government organisations can invest that money in their country for establishment of school, hospital and other things. In that way if GDP start increasing other big players will be attracted towards their country. Therefore small scale and medium enterprises is the main key players for developing any nation.

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