The Economics of Buy Local Initiatives
The demise of small towns across America has forced many development organizations to look inward for solutions to the current economic crisis. Many of these towns have seen shopping malls, “big box” retailers, larger towns, home shopping channels, and the Internet lure shoppers away from these areas.
In many parts of the United States, communities and development organizations are launching “buy local” campaigns in an effort to reverse this trend and support locally owned businesses.
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