THE ROLE OF THE PRIVATE SECTOR AND BUSINESS IN THE DEVELOPMENT OF SMALL TOWNS (A CASE STUDY OF UKRAINE AND THE USA)
DOI:
https://doi.org/10.30890/2567-5273.2025-39-03-004Keywords:
small business, community, development, entrepreneurship, comparative analysis.Abstract
The article explores the impact of the private sector and business on the socio-economic development of small towns, focusing on a comparative analysis of Ukraine and the United States. The aim of the study is to substantiate the role of small businessesMetrics
References
Blevins, C. (2023). USDA investing over $1 billion in farmers & rural small businesses across the US. USFCR Blog. https://blogs.usfcr.com/usda-1b-investment-farmers-rural-smes-energy-costs?utm_medium=ppc&utm_term=&utm_campaign=Sales+%7C+PMAX+%7C+Renewals&utm_source=adwords
Decentralization (2024). How local authorities can support businesses: financial support tools. URL: https://decentralization.ua/news/18312
DtKt (2025). Priorities and challenges of small and medium-sized businesses in 2025: committee hearings. URL. https://news.dtkt.ua/society/economics/97471-prioriteti-ta-vikliki-diialnosti-malogo-ta-serednyogo-biznesu-u-2025-roci-komitetski-sluxannia
Medina, M. L. P., Garfias, R. A., & Tellez, B. L. C. (2023). Entrepreneurship on small towns: Opportunities and challenges. South Florida Journal of Development, 4(3), 1032–1047. https://doi.org/10.46932/sfjdv4n3-001
Melhorn S., Hoover, M., Lucy, I. (2024). Small Business Data Center. U.S. Chamber of Commerce. URL: https://www.uschamber.com/small-business/small-business-data-center?utm_source=chatgpt.com
Segreto, P. (2023). The impact of local entrepreneurs on small town America. medium.com. https://paulsegreto.medium.com/the-impact-of-local-entrepreneurs-on-small-town-america-8cc14b1f7ad4
Shtogryn, I. (2022). 10 examples of successful territorial communities: from job creation to skateparks. radiosvoboda.org. https://www.radiosvoboda.org/a/
pryklady-uspikhu-terytorialnykh-hromad/31631448.html
UIFuture (2025). Forecast of Ukraine’s economy for 2025: recovery or slowdown? URL: https://uifuture.org/publications/prognoz-ekonomiky-ukrayiny-2025/
Wheat, C., & Chan, S. (2025, February 5). The rural divide: Small business revenue milestones in the U.S. JPMorgan Chase & Co. https://www.jpmorganchase.com/institute/all-topics/business-growth-and-entrepreneurship/the-rural-divide-small-business-revenue-milestones-in-the-us
White, K. (2022). Small town and rural economic development: A case study analysis of strategies for success. SPNHA Review, 18(1), Article 9. https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1113&context=spnhareview
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Authors

This work is licensed under a Creative Commons Attribution 4.0 International License.