Why small industry development can be a good industrialization policy for poor?

Small industry development can be an effective industrialization policy for poorer regions because it fosters local entrepreneurship and job creation, providing livelihoods to communities with limited economic opportunities. It often requires lower capital investment compared to large industries, making it accessible for small-scale entrepreneurs. Additionally, small industries can promote sustainable practices and innovation, utilizing local resources and skills. This approach can lead to diversified economic growth and reduce dependency on larger, often more volatile, industrial sectors.