THE IMPACT OF SOCIAL BUSINESSES ON POVERTY REDUCTION IN THE REPUBLIC OF NORTH MACEDONIA
THE IMPACT OF SOCIAL BUSINESSES ON POVERTY REDUCTION IN THE REPUBLIC OF NORTH MACEDONIA

Summary/Abstract: The level of poverty in Republic of North Macedonia opens up space for examining ways to reduce it. Social businesses are a new light that tries to correct the deformities caused by traditional actors in economies. The main goal of the paper is to identify the impact of social businesses on poverty reduction. Social enterprises, by creating innovative approaches, provide effective ways to reduce poverty. The paper advocates the thesis that there is a positive correlation between social entrepreneurship and poverty reduction. The answer to the thesis presented in the paper is obtained through a quantitative method, and the data is obtained through questionnaires with social entrepreneurs from Republic of North Macedonia. The collected data is processed and analyzed with statistical tools.

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