International Journal of Academic Pedagogical Research (IJAPR)
  Year: 2023 | Volume: 7 | Issue: 3 | Page No.: 63-70
The Impact Of Privately Owned Enterprises On The Economic Development Of Communities In Uganda A Case Study Of Masaka City Download PDF
Kafeero Ronald, Ariyo Gracious Kazaara, Mutesi Catherine, Lukwago Ismail, Turyatunga Micheal

Abstract:
The study's goal was to discover how privately held businesses impacted Masaka City's economic growth. Out of a total sample size of 310 respondents, 290 respondents provided data for the study. 290 respondents provided data that was accurate in light of the study's goals. When the sample grows indefinitely, the sample mean eventually converges to the true population parameter, leading to what is known as asymptotic unbiasedness. Yet, as the sample grows more and more, the biasedness tends to disappear. Analyze the characteristics of privately held businesses in Masaka City, as well as the obstacles they confront, in order to determine the impact of privately owned businesses on the economic development of Masaka City. Information was gathered from Masaka City's business owners. According to the study's findings, the majority of respondents firmly believed that privately owned businesses will spur Masaka City's economic growth. Finally, the study's findings made it very evident that high taxes would be a challenge for privately owned businesses.