Big And Big Businesses Essay

The Effects of Small and Large Businesses Small and large businesses both affect the average American every day, why is this and why is there so much competition between the two? The question is always asked, “Which are better, small businesses or large businesses”? People always like to assume the bigger the better, but is this true? Does bigger always mean better? So many comparisons are made, including, the effect the company has on the economy, the effect the business has on its employees, the effect the business has on its consumers, and so on. Small and large corporations are always in competition of which one is more successful or beneficial to society.
Beginning in 1973 to 2015 the majority of American people are confident in the smaller businesses. Sixty-seven percent of Americans have more confidence in smaller businesses than in large and only twenty one percent of Americans have more confidence in larger businesses than small. Americans are more likely to trust …show more content…
A key disadvantage for smaller businesses is that their innovation suffers because key decisions are pointed more at the larger businesses. Bigger businesses cause a more substantial amount of economic problems because if their business fails there is a bigger hit towards the economy. Smaller businesses do not bring such a large hit as the large businesses do to the U.S Economy. Public policy is another key factor. Larger businesses have more opportunity in public policy making because they are bigger and have a better advantage to be heard and seen. Therefore, the larger businesses will receive more financial support and have more financial resources over the smaller businesses. Smaller businesses are not as big, so in turn are overlooked and the bigger businesses will have more support and income; leaving the smaller businesses at an unfair disadvantage