- Small businesses thrive under all economic conditions.
- Economic shocks disproportionately affect vulnerable enterprises.
- Automation eliminates all inequality.
- Trade disputes have no impact on economies.
6. The global economy has faced repeated shocks, including trade wars, energy crises, pandemics, and financial market fluctuations. Businesses have responded by diversifying supply chains, embracing automation, and increasing reliance on digital services. Despite these adaptations, small and medium enterprises, especially in developing countries, struggle to survive due to limited access to capital and market instability. Economists warn that without coordinated policy interventions, these shocks may exacerbate income inequality and unemployment. Governments are urged to implement safety nets and support programs to protect vulnerable sectors. Q: What can be inferred?
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