DEVELOPMENT TRENDS OF SMALL AND MEDIUM ENTREPRENEURSHIP AT THE PRESENT STAGE

Abstract

The tendencies in small and medium business in Armenia are presented, which is due to their rapid development, which occupies an important place in the economic, social and political development of any country. It is shown that entrepreneurship, being the main guarantee of economic progress, forms a certain class of entrepreneurs, creates a significant number of new jobs, stimulates the production of competitive products, promotes the effective use of production facilities to ensure economic growth.