Question $3($Marks: $25)$

Write an essay where you explain the role of small businesses in today$$s economy in South Africa

and the economic environment impacting small businesses. Include the following themes in your

essay, illustrating your understanding through the use of your own example of a small business:

$$ Introduction;

$$ A description of your example of a small business;

$$ The role of small businesses in today$$s economy in South Africa;

$$ The economic environment $($i$.$e$.,$ as a variable in the macro$$environment$)$ impacting small

businesses;

$$ Conclusion