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By Jason, M.Ed., M.A.R., Headmaster
Crowding Out
Imagine you live in a small town with a corner hardware store, grocery store and pharmacy. These small, privately owned businesses form the heart of your town’s small shopping district. One day, you read in the local paper that a Wal-Mart Supercenter is going to be built a few miles away near the Interstate. It is certain to draw customers from all of the surrounding towns, including yours. As soon as you read this, you’re excited by the prospect of having such a convenient, one-stop, low-priced place to shop close-by. Then you’re also concerned for the small stores in the center of town, because now they have to compete with a bigger, more powerful store and they may be pushed out of business.
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