SMALL BUSINESS IN A MARKET ECONOMY, ITS ROLE AND PROSPECTS
The article examines the role of small business in the modern economy of developed countries, its role in providing employment, in ensuring economic stability. Small business is a complex and diverse mechanism, and its development or decline has a very significant impact on the economy of any modern country. Historically, small business originated in ancient times. Small business is the basis for the emergence and development of entrepreneurship. Historically, small businesses were independent economic activities focused on local markets for goods and services. The article is devoted to the role of small and medium-sized businesses in the economy of each individual region. ... Aspects of the influence of small and medium-sized businesses on the regional economy are identified. Speaking about the role of small business, it should be emphasized that this is not a side area of the economy. Moreover, its role in modern dynamic life is steadily increasing. Small businesses are organically integrated into the economic structure, the competitive environment, and the social division of labor.