The Role of Entrepreneurship in Economic Development The entrepreneurs with their ability to scan‚ analyze and identify opportunities in the environment transform them into business proposition through creation of economic entities. Entrepreneurship and economic development are intimately related. So‚ that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country‚ entrepreneurship
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the public domains of life. It’s a serious issue as we face the modern existential crisis of living. And how viable is the contribution of technology on society‚ spurs a popular debate. Technology brings the world closer world closer The Social Effects of Technology: Blessing or Curse Today if we want to travel a short distance‚ we take the help of cars. Television has become a popular means of recreation. Moreover with the invention of the iPod music lovers can always tune in to their favorite
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One of the social effects which affected almost all participants to a certain degree was the increased participation of women in the workforce (where they took the place of many men during the war years)‚ though this was somewhat reduced in the decades following the war‚ as changing society forced many to return to home and family. According to historian Antony Beevor‚ amongst others‚ in his book Berlin - The Downfall 1945 the advancing Red Army had left a massive trail of raped women and girls
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CORRUPTION AS A MAJOR EFFECT ON ECONOMIC GROWTH The aim of this article is to describe in very simple terms the evil effects of corruption on a nation like Kenya. The aim being to present a simple easy to understand exposition of how corruption can hamper the economic development of a nation While a certain level of corruption goes on in every country‚ corruption in Kenya is a particular large problem. According to research‚ the average urban Kenyan has to pay 16 bribes a month to get his regular
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The Effects of Social Media Last year on May 2nd‚ 2011 I was browsing facebook when suddenly I see a flood of statuses all with the same topic. Osama Bin Laden had been killed by US troops. My friends were posting their emotions‚ feelings‚ and opinions on this news for everyone to see. My friends had reacted to this news so quickly but I was hesitant to respond. They had seemed ecstatic regarding the death of this malevolent man. Although my feelings were ambivalent‚ I had always been taught
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Through secondary research Lim & Cu (2010) found that members of a social network face social obligation and therefore abstain braking rules and norms and taking advantage of the existing ties to the detriment of the other network members‚ as this would lead to sanctions and might destroy the value from future transactions (p. 5). Affiliates linked through direct (also called strong) ties‚ face particularly strong social obligation. In addition‚ direct ties imply thorough knowledge about each
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“Discuss the Causes and Effects of Economic Growth” Economic Growth is where goods and services maximise in value over a period of time. This is measured by Real Gross Domestic Product (GDP) which is defined as “The total market value of all final goods and services produced in a country….equal to the total consumer‚ investment‚ and government spending‚ plus the value of exports minus the value of imports.”(www.Investorwords.com) In turn this is measured by the level of aggregate demand in the
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Bribery and Corruption: Is Signing the OECD Convention Enough? Darina Tomayeva 500127919 LAW724 Professor Lan Word Count: 1645 Bribery and Corruption: Is Signing the OECD Convention Enough? Before the 1990’s‚ the conventional belief was that corruption in developing countries was practically inevitable and in some cases even desirable. However‚ a more in-depth investigation into this issue suggests that bribery and corruption can cause significant problems for all parties involved. For
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CRITICALLY EVALUATE THE MAIN CATALYSTS TO GROWTH IN CHINA AND INDIA. India with about 1.2 million populations and china with about 1.3 billon population are two big demographic and emerging countries in the world .Over a past few decade India’s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011¬).India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times‚ 2012). India’s total GDP (gross Domestic Product)
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2012‚ pg.321). When talking about social stigmas and social problems dealing with pornography most people tend to talk about those who purchase or watch pornography. Those social problems could include the underage watching of porn‚ the fact that it can lead to a desensitization of sexual human contact‚ and the more aggressive and negative outlook toward women. However‚ there are several problems dealing with those involved in the
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