How has the initial governmental policy ‘The Cares Act’, which emanated from Covid-19, affected entrepreneurship in Mississippi and Alabama?

Sammanfattning: This Bachelor Thesis discusses the American government’s initial fiscal response to the Covid-19 pandemic, the Cares Act, and investigates how the different disposition of money in the two States Mississippi and Alabama has affected entrepreneurship. This comparison is made through a descriptive analysis of how the two states, have distributed, focused and used their Cares Act capital. It is found that the two states have utilised their money differently and this, together with Belitski et al.s’ (2021) research on the economic effects of pandemic effects on small businesses, suggests that it has had a possible effect on how entrepreneurship is perceived in the two different states. Furthermore, it is also found that Mississippi advances in comparison to Alabama in entrepreneurship and other important indexes, but that Alabama triumphs with a lower firm death rate during the first year of the pandemic, which can possibly be explained through their state’s different take on small, family-owned businesses.