What is the difference between helping a Moms and Pops store versus a large corporation?

1 Answer

Answer :

answer:Small local businesses cater to their local customers, hire local people, and the profits and wages are invested into the local economy. Corporate businesses take profits away from the local area and may reinvest wherever they can get the highest return. They also buy from the cheapest supplier regardless of location, choose inventory based on national or regional choices, and close local outlets when the return drops below an expected amount. The answers to your questions are not not necessarily split between local vs. national. Locals can often only afford to pay low wages. Neither is “morally correct” (although certain corporations vs certain local stores may carry a morality factor.) Hiring more people is usually considered better for the economy overall.

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