
Another example is the government crack-down on markets and street stalls. While considering how to prevent environmental and sanitary problems, couldn’t they simultaneously find more suitable places for these kinds of businesses?
In the past few years privately-run businesses created three-fourths of new jobs created in cities in towns. But our natural resources are still primarily diverted to state-owned enterprises and many markets are protected from entry by privately-run businesses.
Employment is the basis of people’s livelihoods. If a firm is operating in adverse conditions and cannot develop, then it cannot absorb more workers. By improving the business environment for private businesses, we can create both wealth and new jobs.
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