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economical Impact of transaction Closure in Claiborne County, Mississippi Abstract Historically Claiborne and opposite counties in the region depended on low agriculture and was an attractive location for illuminate manufacturing. Today, some of these advantages perk up been lost and firms that do up the bulk of the economic activities in the areas are disappearing in epic numbers. Hence, per capita income falls and people migrate to more(prenominal) prosperous areas, leaving the region late depressed. Using descriptive as well(p) as inferential methods to analyze data, results attest interesting trends, especially with regard to note migration.Socioeconomic variable are largely trustworthy for crinkle plosive speech sound that take a leak earnestly deva rustic aread the economic well-being of the county. This means that all effort should be made to break tender conditions and improve the rearingal system. economic Impact of business enterprise Closure in Cl aiborne County, Mississippi Introduction Traditionally, Mississippi is unrivaled of the poorest states in the United States with agriculture as the mainstay of the economy. It is the second in the state in cotton production exceeded sole(prenominal) by Texas.Mississippi is also the worlds largest producer of pond-raised catfish and the leading fish producing state in the U. S. A. The comparative under breeding of the state has been worsened in recent years by the village of several manufacturing businesses some(prenominal) during the periods of economic boom and especially so during the economic downturn. Hypothesis The general clinical of this study is to establish predominant reasons for the closure of major jobs providing industries in Claiborne County. I consider the general cause of business closure is that per capita income dictates the purchasing power of the community which does adjoin business losure based on selective information obtained from fountain business owners. Materials 1. Listing of cause business (Port Gibson Main Street) 2. Former Business Owners 3. Data from local school day district 4. Data from United States Census dressing table 5. Spread sheet Procedure 1. Interviewed former business owners 2. Obtained data from my local school district 3. Obtained data from Mississippi Unemployment commitment 3. Obtained data from the United States Census chest 4. Complied data Results Per capital income, unemployment rate, graduation and pauperisation rate all are of import for Claiborne County.However, while other factors may be instrumental in promoting business growing and retention, socioeconomic variable play a crucial role and should not be underestimated in policy decisions geared at attracting and retaining businesses in Claiborne County, Mississippi. Conclusion In my conclusion, concerns for overture in quality of rural communities are forced on business development. many a(prenominal) rural communities are normally c lassed by weak economies due to their dependency on agro based and externally owned businesses. The selection of businesses, especially small scale business has positive impact on the rural economies.Therefore, business closure is a major constraint to economic growth and should be avoided at all cost. With a reveal understanding that the main contri only ifing factors to business failure in Claiborne County are of neighborly and economic nature, greater effort shag be made to improve these conditions to not only attract new businesses, but to retain them after they have been established. constitute showing location of Claiborne County pic Conceptual theoretical account Per Capita Income Changes in Per Capita Income reflect economic development in a community. Unemployment valuate deluxe Gulf Nuclear Power implant is one of the largest employers located in this county. precise few other business entities have come to the area. As with several contact cities and neighborhoo ds, the recent closing and downsizing of businesses have made the unemployment rates increase. Poverty come out The rate of poverty is an all-important(prenominal) social indicator of the well-being of Americas poor. It is also a useful slam to help shape Federal policies aimed at helping the needy. Poverty still clay a problem in many communities especially in rural areas. gamy School kickoff Rate humankind capital development in legal injury of formal education is a important tool for community development. It has become a strategy for community restructuring. Increasing changes in the structure of businesses require that some level of formal education be attained. The levels of education in rural communities are still dismal. &8212&8212&8212&8212&8212&8212&8212 Business Closure Business unsuccessful person in Claiborne County Lead To Poverty Rate Unemployment Rate Per Capita Income High School Graduation Rate Poor Housing radical offset Economic Well-being of Residents Low Labor Force Migration Poor Schools and separate Infrastructure