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Social and Behavioral Sciences Commons

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Economics

Journal

1989

Downsizing of organizations

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Full-Text Articles in Social and Behavioral Sciences

Improving Rural Minnesota Through Downsizing, Mark Threlkeld Jan 1989

Improving Rural Minnesota Through Downsizing, Mark Threlkeld

Journal of the Minnesota Academy of Science

It is time to take a hard look at downsizing rural Minnesota. In business, downsizing is done to improve the financial health of a company by cutting back on expenses which can no longer be justified in light of changes in the marketplace. While the term may seem odd when applied to a state, it fits the opportunities and problems now facing rural Minnesota and could help the state make the transition through some difficult times.