A lack of financial capital in developing countries is a primary deterrent for small business development.

Question

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Small businesses in developing countries often struggle to access the necessary financial resources to start and grow their businesses. This lack of capital can lead to difficulty in obtaining loans, investing in equipment and inventory, hiring skilled workers, and expanding into new markets. As a result, many small businesses in these countries remain informal or never get off the ground, contributing to poverty and economic inequality.

A Lack of Financial Capital in Developing Countries Is a Primary