MSMEs as Drivers of the People's Economy and Their Challenges

Aditya Jati  Kusuma; Suryaningsi Suryaningsi

Authors

Aditya Jati Kusuma Universitas Mulawarman Author
Suryaningsi Suryaningsi Universitas Mulawarman Author https://orcid.org/0009-0006-7584-7136

Keywords:

MSMEs ; People's Economy ; Economic Growth; Productive Economy; Empowerment Strategy

Abstract

In Indonesia, the people's economy must be the basic foundation for society to improve its standard of living and the government must ensure that its people can get decent jobs and be able to buy basic necessities. Decent jobs and strong purchasing power are absolute requirements for economic growth. The people's economy is based on the size of the economic growth rate or the nominal amount of Gross Domestic Product (GDP). Therefore, the government plays a major role in improving the welfare of its people by involving the people as a reliable resource and providing sufficient opportunities for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) as well as economic activities, both in rural areas in the form of agricultural and fishing activities and other productive economic activities by protecting the people's economy from the power of the capitalist economy. Therefore, the government in this case must build elements or small parts of the community economy that are directly related to meeting the basic needs of the community.

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