Business, Management and Accounting
6 years ago

New strategy to end poverty: Creating micro-businesses in developing economies

Advances in electronic government, digital divide, and regional development book series
Multiple Perspectives for Poverty Reduction
Francesco Sofo, Alison Wicks, Michelle Sofo, Riyana Miranti, Luke Taylor-Ide

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The article discusses ways to reduce poverty by examining different perspectives like economics, sociology, jobs, and education. The goal is to help new small businesses succeed in developing countries to lift people out of poverty. Around 1.2 billion people struggle to meet basic needs, with many living on less than 1or1 or 1or2 a day. By using a special method called SEED-SCALE, the article suggests that starting small businesses can help improve the lives of those in poverty.