The role of small businesses in reducing youth unemployment

Тhe scientific article considered the scientific and theoretical foundations of small business organization in the economy of Kazakhstan, identified the role of small business in reducing youth unemployment, and conducted an economic assessment of the share of small business in the total number of economic entities.
The methodology for calculating small business indicators defines the main aspects and methods of obtaining official statistical information for calculating indicators that characterize the activities of small businesses in order to assess the contribution of this sector to the country’s economy. The purpose of this methodology is to analyze and evaluate the economic development of small and medium-sized businesses in the Republic of Kazakhstan. This method is used by the Committee on statistics of the Ministry of national economy of the Republic of Kazakhstan and its territorial bodies in the formation of indicators of small and medium-sized businesses, and we found it appropriate to use in this study.
The value of the study lies in a comprehensive quantitative and qualitative analysis of the share of small business and the increasing role of small business in reducing youth unemployment.
The research results include the development of methodological and theoretical provisions on the development of small business in the modern economy, as well as proposals for their implementation.
The authors have defined the methodological basis for the economic assessment of the share of small business, the role and features of small business development in reducing youth unemployment and youth employment.
The purpose of the study is a theoretical consideration of the economic foundations of small business in economy of Kazakhstan, defining the role of small entrepreneurship in reducing youth unemployment, economic assessment of the share of small entrepreneurship number of entities.

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