An Inspection of Earliest Commercial Ownership and Improved Way to minimize the Failure

Authors

  • Mohammed E.A shafter Academic Staff Member at the Faculty of Economics and Political Science, Azzaytuna University, Libya
  • Najib Ibrahim Ali Albuaishi Academic Staff Member at the Faculty of Economics and Political Science, Azzaytuna University, Libya

Keywords:

Commercial Ownership, Small and Medium Enterprises, Libya, failures

Abstract

A nation's economic development and its citizens' welfare fundamentally rely on the effective engagement of its initial commercial proprietorship. This bodes poorly for the swift growth and advancement of the nation's economy and, consequently, the welfare of its citizens. It is essential to involve students in management skills during foundational classes for those aspiring to enter this field. The researchers conducted extensive investigations into the extent of initial commercial engagement and business ownership. This research paper proposes strategies to enhance government initiatives to promote the indigenisation process to eradicate poverty. This paper identifies the critical issues necessary to fulfil the country's mission of alleviating poverty.

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Published

2025-11-03

How to Cite

Mohammed E.A shafter, & Najib Ibrahim Ali Albuaishi. (2025). An Inspection of Earliest Commercial Ownership and Improved Way to minimize the Failure. Journal of Libyan Academy Bani Walid, 1(4), 246–252. Retrieved from https://journals.labjournal.ly/index.php/Jlabw/article/view/276

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