Umkm

from indonesia

Verified
Standard
noun
ekonomi
Abstract Concept
From indonesia

Definition

Micro, small, and medium enterprises

Etymology

An acronym for 'usaha mikro, kecil, dan menengah' (micro, small, and medium enterprises). This term was formed administratively in Indonesian to categorize small-scale business entities, gaining popularity in government economic policy since the late 20th century.

Semantic Category

Abstract Concept