Development Micro-enterprises can play a significant role in local economic development by creating employment opportunities and contributing to the growth of the local economy. Conclusion Microenterprises are small businesses that operate with very limited resources often in developing countries or countries with economies in transition.
Although microenterprises face several challenges including limited access to finance technology and markets they also offer several opportunities including flexibility innovation and local economic development. As such microenterprises play an mobile app development service important role in the global economy providing jobs and income opportunities for millions of people and contributing to the development of local economies.
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