Local Businesses Generate More Wealth for Communities
by Democracy Collaborative on Jul 8, 2014 | Views: 430 | Score: 5
| Local Spending Generated For Every $100 Spent At A... | |
|---|---|
| Big Box Retailer | 14 |
| Locally-Owned Business | 45 |
$
Sources:
community-wealth.org
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In addition to a loss in local spending generated, communities also sacrifice social benefits fostered by ownership of local business, such as good health and a politically engaged community when these businesses are not locally-owned. Worker-owned cooperatives help to keep wealth rooted in communities.