Wal-Mart Affecting A Small Town's Economy: A Case Study

How do Wal-Mart’s affect a small town’s economy? Some people may think it would boost the economy and give job opportunities to the ones that live there. It will save them money in the long run. Although some people may agree it boost it, there are also people that believe it would put a lot of family owned businesses out of business and they may also take up a lot of ground area to build. In New York they did a random sampled poll for small businesses to vote and see how many small businesses would agree on Wal-Mart opening its doors in their town, the overall status of the poll gave Wal-Mart the go ahead to start building by the votes being 62% saying yes and 27% saying no. Commercial retailers approved
On average, most communities with Wal-Mart’s in their town turned out far better on taxable sales than others without Wal-Mart’s in their town. There are many opinions when it comes to making a big decision like this in your small town, especially when it comes down to a town with many family owned businesses. Another reason they may think it will help is because they won’t have to run to 5 different store to pick up totally different objects and it will save them money in the long run. There are more pros to having Wal-Mart in you town like, it provides a great amount of tax revenue for the local community. It also provides temporary construction jobs during the process of building it. Building a Wal-Mart may also cause people to move into that community and it will also help the real state company’s sell more houses. Wal-Mart will provide training for people from ages 16 and up and also trains teens for their life of work ahead. While the biggest argument is that Wal-Mart will hurt the economy and business of small businesses , but Wal-Mart is starting a discount where they are trying to work with family owned and small businesses in helping