Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 4, No 4 (2021): Budapest International Research and Critics Institute November

The Effect of Labor and Capital on the Development of MSME Income in Medan City

Ariesa, Y. (Unknown)
Tantono, N. (Unknown)
Yenni, Yenni (Unknown)
Gracia, Gracia (Unknown)



Article Info

Publish Date
12 Nov 2021

Abstract

MSMEs are the main driving force for the economy because MSMEs are a benchmark for improving the quality of the economy both in terms of income and labor. So that economic development is needed in advancing the MSME sector, especially as a provider of consumer needs during the pandemic, because at this time people need a variety of daily household needs that are easily accessible in the surrounding environment. One of the most basic big problems in increasing the development of MSME income is capital. Capital is the first point in the development of an MSME business process. The main problem faced is the lack of a workforce with adequate qualifications, especially in the annual report monitored by the Medan City Government. Using quantitative research based on the effect of labor and capital on income. Sampling with the purposive sampling method. The results showed that there was a positive and significant effect of labor and capital on income.

Copyrights © 2021






Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...