"Role Of Small Scale Industries In Economic Development" Essays and Research Papers

  • Role Of Small Scale Industries In Economic Development

    The important role played by small- scale industries in India. 1. Employment generation: The basic problem that is confronting the Indian economy is increasing pressure of population on the land and the need to create massive employment opportunities. This problem is solved to larger extent by small-scale industries because small- scale industries are labour intensive in character. They generate huge number of employment opportunities. Employment generation by this sector has shown a phenomenal...

    Economic development, Economic growth, Economics 743  Words | 3  Pages

  • Role of the Insurance Industry in Economic Development

    What Role has the Insurance industry In Economic development? The insurance industry has come a long way from ship owners, merchants and underwriters gathering in Edward Lloyd’s coffee house in London to discuss their marine voyages to new colonies of the British Empire. Over the years, Insurance has become essential in our everyday lives. Something we just can’t live without. Our Economics and Societies are growing phenomenal rates and have become more and more interconnected on the rest of the...

    Actuarial science, Economics, Financial services 2015  Words | 7  Pages

  • Small Scale Industries

    Project on Management of Small Scale Industries & Public Relations Management. SSI visited:- Nova Cosmetics Pvt. Ltd. Kevin Enterprises Pvt. Ltd. Introduction To Small Scale Industries. Small-scale industries are the backbone of the Indian industrial structure. They provide a variety of non-traditional low technology product. They are also engaged in the processing, preserving manufacturing and servicing activities. small-scale industries (SSIs) constitute an important...

    Advertising, Agriculture, Economics 1293  Words | 5  Pages

  • The Role of Small Business in Economic

    THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS By Gebremeskel H. Gebremariam1 Tesfa G. Gebremedhin, and Randall W. Jackson RESEARCH PAPER 2004-10 ABSTRACT: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A...

    Business, Economic growth, Economics 2099  Words | 7  Pages

  • Role of Enterpreneurship in Economic Development

    ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of...

    Economic development, Economics, Entrepreneur 966  Words | 3  Pages

  • Small and Medium Scale Mining

      PROJECT TOPIC  : SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of Cassava Processing Industry) PROJECT PROPOSAL BACKGROUND TO THE STUDY Interest in the development of small and medium-sized enterprises (SMEs) and their contribution in the development process continue to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various, including: the encouragement of entrepreneurship; the greater likelihood that SMEs will utilise...

    Capitalism, Economics, Industry 1429  Words | 5  Pages

  • Problems of Small Scale Industries

    The path of small entrepreneurs is not rosy. Small entrepreneurs face the following types of problems: (1) Problem of raw materials: A major problem that the small entrepreneurs face is the procurement of raw materials. They have to confront with numerous problems like; i. Availability of inadequate quantity ii. Poor quality of materials iii. High cost of raw materials etc All these factors adversely affect the proper functioning of small units. (2) Problem of finance: Finance...

    Competence, Entrepreneur, Entrepreneurship 774  Words | 4  Pages

  • Role of Commercial Bank in Economic Development in India

    country needs the services of financial institutions for accelerating the pace of development. Commercial banks have played a critical role in the economic development of a country. Now a day’s commercial banks are important not just from the point of view of economic growth, but also financial stability. In emerging economies, commercial banks are special for three important reasons. First, they take a leading role in developing other financial intermediaries and markets. Second, due to the absence...

    Bank, Commercial bank, Developing country 1746  Words | 6  Pages

  • Contribution of Small and Medium Scale Enterprises

    efficient manner has continue to be the only viable and alternative for development of small scale enterprises in Nigeria and for the development, growth and survival of any economy. The development of small scale enterprises not only contributes significantly to imposed standard, they also bring substantial local capital formation and achieve high level of productivity. Small and medium scales are crucial to the development of all economies of the world. They are the modern day’s incubators of job...

    Developing country, Development economics, Economic development 1194  Words | 4  Pages

  • Economic

    country like India, the role and importance of small-scale industries is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly...

    Economic development, Economic growth, Economics 885  Words | 3  Pages

  • Role of Entrepreneurship in Economic Development

    distribution of economic goods and services." According to Schumpeter, "Entrepreneurship is based on purposeful and systemic innovation. It included not only the independent businessman but also company directors and managers who actually carry out innovative functions". Need For Entrepreneurship Development: Economic development essentially means a process of upward change whereby the real per capita income of a country increases over a period of time. Entrepreneurship has an important role to play...

    Economic development, Economics, Economy 1035  Words | 4  Pages

  • Research Proposal On Financing Small And Medium Scale Enterprise In Nigeria

    And limitation Plan of study References AWE JUMOKE BOLANLE 2008/758 ECO. 312 ACCOUNTING Research proposal. On FINANCING SMALL AND MEDIUM SCALE. INDUSTRIES IN NIGERIA PROJECT TOPIC  : FINANCING STRATEGIES FOR SMALL AND MEDIUM SCALE INDUSTRIES IN NIGERIA PROJECT PROPOSAL  INTRODUCTION Interest in the role of small and medium-sized enterprises (SMEs) in the development process continues to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various...

    Council of Smaller Enterprises, Economic development, Economic growth 1883  Words | 5  Pages

  • Role of Commercial Banks in the Economic Development of a Country:

    Role of Commercial Banks in the Economic Development of a Country: Commercial banks are one of the three primary agents which help circulating funds in the market. Commercial banks provide loans and corporate bonds to the households, new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments. The money held as customer account then accrues interest which is given to the customer in the form...

    Bank, Commercial bank, Economics 1100  Words | 4  Pages

  • Economic Contributions of Small Business

    INTRODUCTION Micro, small, medium enterprises defined Micro, small, and medium enterprises (MSMEs) are defined as any business activity/enterprise engaged in industry, agri-business/services, whether single proprietorship, cooperative, partnership, or corporation. MSMEs have value falling under the following categories: By Asset*: MICRO: Up to P3,000,000 SMALL: P3,000,001 to P15,000,000 MEDIUM P5,000,001 to 100,000,000 LARGE: Above 100,000,00 This table shows that in a small business it...

    Business, Business terms, Corporation 1647  Words | 7  Pages

  • Role of Entrepreneurship in Economic Development

    Role of entrepreneurship in economic development Entrepreneur An entrepreneur can be regarded as a person who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. He is the catalyst for social change and works for the common good. They looks for opportunities, identifies them and seizes them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake...

    Economic development, Economic growth, Economics 787  Words | 3  Pages

  • Small Business Big Gains

    Small is Profitable INDIAN EXPERIENCE :-- INDIA is predominantly an agricultural country. A proper development of small-scale industries is vital for the healthy growth of our Economy. Small business has played a very crucial role in transforming the Indian economy from a backward agrarian economy to its present stature. The country can profit by Japan’s bold experience in this direction, which has been spread over more than three decades. The small-scale sector has emerged as an engine of...

    Business, Developing country, Economic development 857  Words | 3  Pages

  • Role of Service Industry in Economic Development of a Nation

    C17B- SERVICE MARKETING * Explain the role of service industry in economic development of a nation Service sector is the lifeline for the social economic growth of a country. It is today the largest and fastest growing sector globally contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in urbanization, privatization and more demand for intermediate and final consumer services...

    Bank, Economics, Economy 768  Words | 3  Pages

  • The Role of Service Industry in the Economic Development of Bangladesh

    Role of banks in socio-economic development of Bangladesh Banking is a very vital part of an economy and plays very significant contribution towards socio-economic development of a country. This sector is considered to be like the life blood the economy as well. As one of the most important components of the financial system it forms the core of the money market and plays very pivotal role in mobilising resources for productive investments in a country which in turn contributes to economic development...

    Bank, Banking, Cheque 736  Words | 3  Pages

  • The Role of Small and Medium Equity Investement Scheme in Financing Sme's

    The Role of Small and Medium Industries Equity Investment Scheme (SMIEIS) in financing Small-Scale Enterprises in Nigeria BACKGROUND TO THE STUDY Interest in the role of Small-Scale Enterprises in the development process continues to be in the forefront of policy debates in developing countries. The advantages claimed for Small-Scale Enterprises are various, including: the encouragement of entrepreneurship; the greater likelihood that Small-Scale Enterprises will utilise labour intensive technologies...

    Council of Smaller Enterprises, Finance, Investment 1609  Words | 5  Pages

  • Globalisation Would Finish Small Scale Industries in India

    Globalisation would finish small scale industries in india INTRODUCTION The world is changing. The change is fast enough to notice the factors acting behind. Globalization is one of them. A factor that needs no introduction. Ever since, developed countries like USA and European countries have marched to conquer the rest of the world, developing countries have no solace but to succumb to what these developed nations call for. Days have gone when these developed nations ruled by the concept of...

    Country classifications, Cyprus, Developed country 1270  Words | 4  Pages

  • Role of Agriculture in Economic Development of Bangladesh

    The Role of Agriculture in the Economic Development of Bangladesh Muhammed Nazmul Islam Economic Portrait of Bangladesh After December 1971 Bangladesh was expected to be a prosperous economy by eradication of poverty & utilization of political freedom to avail economic liberation. With great ambitions in eyes & high responsibilities on the shoulder, Bangladesh reached to the 20th century with some achievements & lots of disappointments. In past 20 years (1990 to 2009) the Gross Domestic Product...

    Agriculture, Economic development, Economic growth 1150  Words | 4  Pages

  • The Role of Communication Industries in Economic Development

    state-building is relevant both in time, context and content in the peace processes of any given people. In Somaliland, this was true of the process that was undertaken. Even though supported by Civil society, the government and civil society played limed roles. The peace paradigm is different for the paradigm of security or stability: the peace paradigm includes within it an immediacy of justice and freedom as imperatives. Even though the three concepts are intertwined and feed one into the other, the approach...

    British Somaliland, Conflict resolution, History of Somalia 1939  Words | 6  Pages

  • ROLE OF CONSTRUCTION IN ECONOMIC DEVELOPMENT

    ROLE OF CONSTRUCTION IN ECONOMIC DEVELOPMENT Provides for economic development and expansion of economic activities Major consumer of physical and natural resources Produces waste Pollutes environment BUILDING MATERIALS “You employ stone, wood and concrete and with these materials, you build homes and places: that is construction” – Le Corbusier Attitudes Towards Building Materials Possibilities and appropriateness Attitudes Efficiency of use (engineering point of view) Adequacy...

    Architecture, Building, Building code 543  Words | 5  Pages

  • Role of Banks in the Economic Development

    intermediaries. Number and types of Banks: The number of banks in all now stands at 49 in Bangladesh. Out of the 49 banks, four are Nationalized Commercial Banks (NCBs), 28 local private commercial banks, 12 foreign banks and the rest five are Development Financial Institutions (DFIs). Sonali Bank is the largest among the NCBs while Pubali is leading in the private ones. Among the 12 foreign banks, Standard Chartered has become the largest in the country. Besides the scheduled banks, Samabai (Cooperative)...

    Bank, Central bank, Cheque 2033  Words | 7  Pages

  • Role of Commercial Banks in Economic Development

    Role of Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says, “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”...

    Bank, Commercial bank, Economic development 1293  Words | 5  Pages

  • The Role of Agriculture in Indonesia Economic Development

    The Role of Agriculture in Indonesia Economic Development Indonesia can be categorized as an agrarian nation, where the role of agriculture in Indonesia economy really significant. Agriculture sector in Indonesia has a role in: (a) providing job opportunity for the majority of labor force, (b) producing foods for the nation, (c) raw material producer for industrial sector, and (d) strengthening food security and rural development. The role of agriculture becomes more important when Indonesia...

    Agriculture, Economics, Economy 870  Words | 3  Pages

  • THE EFFECT OF POOR FINANCING ON THE OPERATIONS OF SMALL AND MEDIUM SCALE ENTERPRISES (SMEs) IN NIGERIA

    performance and effectiveness of small and medium scale enterprises as an instrument of economic growth and development in Nigeria has long been under scrutiny. This intense scrutiny has been against the backdrop of the low performance and inefficiency that characterized small and medium scale enterprises particularly in assessing its role on economic growth and development. Despite government institutional and policies support to enhancing the capacity of small and medium scale enterprises, SMEs has fallen...

    Economic development, Economic growth, Economics 1273  Words | 3  Pages

  • Solutions to the Problems of Small Scale Business

    1 INTRODUCTION A small-scale business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. In addition to number of employees, other methods used to classify small companies include annual sales (turnover), value of assets and net profit (balance sheet), alone or in a mixed definition. The smallest businesses, often located in private homes, are called micro businesses (term used by international organizations such as the World...

    Business, Business school, Customer 1346  Words | 4  Pages

  • The Role of the Entrepreneur

    The Role of the Entrepreneur An entrepreneur is an owner of a business enterprise who makes money through risk and initiative, this is applied to persons who are willing to help launch a new venture or enterprise and accept full responsibility for a company’s output. The entrepreneur shifts economic resources out of a lower and into a high productivity and greater economic yields. Occupying the central position in a market economy, entrepreneurs are instigators of growth and progress and are pivotal...

    Capitalism, Economic development, Economic growth 813  Words | 3  Pages

  • The Role of Shipping in International Economic Integration

    The role of shipping in international economic integration Introduction    what is “International economic integration? “Economic integration is a process of active concurrent execution of two things: on the one hand, add the market economy and every country with regional markets and the world through the efforts made to promote open and free liberalization of the national economy, and on the other hand, join and contribute to building the institutions of regional and global economic 1.With...

    Cargo, Economics, Globalization 1013  Words | 4  Pages

  • Economic of Industry

    may want to diversify and provide a critical assessment of the economic validity of their reasons for diversifying. Abstract Despite the different degree of competitions and the level of development in the market across the various types of industries, most firms are continuously and consistently looking for ways and opportunities to enhance their ability to grow or even to just maintain sustainability and survival in the industry. Firms carry out diversification such as developing new lines and...

    Cost, Costs, Economics 1780  Words | 5  Pages

  • role of small business in economic development

    DEFINITION OF SMALL BUSINESS: There is no precise definition of a small business. Some would consider a business as small if it has no more than a specified number of employees. Other would like to believe a business as small that limits its scope of operation to the local market area. Yet others may prefer to classify a business as small on the basis of nature of firm, such as the local medical store, clothing store, service station or a jewelry store. WRITERS’ DEFINITION: “A small business is...

    Big Business, Business, Business terms 1707  Words | 22  Pages

  • Entrepreneurship and Economic Development

    Role of entrepreneur in the economic development: The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development...

    Business, Economic development, Economic growth 2136  Words | 6  Pages

  • Economic Development

    Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country. To study the relationship between infrastructure and economic development, we compared two journals; Infrastructure and Local Economic Development by Rives, J & Heaney, M. (1995) and Infrastructure and Economic Growth: The Nigeria Experience 1980-2006 by Enimola, S (2010). We chose these journals as the journal by Rives, J looked at the approach...

    Capital, Capital accumulation, Economic development 1884  Words | 7  Pages

  • How Has Managerial Incompetence Contribute to Small Scale Enterprise in the Country

    to the study 1 1.2 Problem Statement 3 1.3 Objectives of the Study 4 1.4 Research Questions 4 1.5 Significance of the study 4 1.6 Scope of the Study 4 1.7 Limitations 5 1.8 Organization of The Study 5 Chapter 2 6 2.1 Small Business Defined 6 2.2 Challenges of Small Business 6 References 8 1.0 Introduction Many businesses begin operations on a shoestring, and some entrepreneurs never seek bank loans or other outside funding. However, many new and established businesses lack the managerial...

    Business, E-Myth, Economics 2163  Words | 7  Pages

  • The Role of Entrepreneurship in Economic Development: Thenigerian Perspective

    and support services to accelerate the development and modernisation of MSMEs, SMEDAN badly needed to have acomprehensive understanding and knowledge of the population of MSMEs in the country, their distribution bysectors such as agriculture, manufacturing, services, trade, construction, mining, technology, etc, and their distribution by rural and urban areas as well as the level of vertical and horizontal linkages within and betweenvarious sectors of industry so as to access the level of industrial...

    Economic growth, Economics, Government of India 1969  Words | 6  Pages

  • Role of Commercial Banks in Economic Development

    The Banking Sector has for centuries now formed one of the pillars of economic prosperity. Indeed history provides us with some starting information regarding how banks provided finance for imperialist ventures in newly acquired colonies. Over time banks have formed an important part in providing an avenue for both savings and investments. Land, Labor, capital and entrepreneurs are the basic economic resources available to business. However, to make the use of these resources, a business requires...

    Bank, Commercial bank, Economics 864  Words | 5  Pages

  • Business and Small Scale Industries

    THE ROLE OF SMALL SCALE INDUSTRY IN NATIONAL DEVELOPMENT IN NIGERIA Ayozie Daniel Ogechukwu, Delta State University, Abraka, Delta State, Nigeria, The Federal Polytechnic, Ogun State, Nigeria Abstract A business whether small or big, simple of complex, private or public is created to provide competitive prices. Business in Nigeria has been classified as small, medium and large. In both the developed and developing countries, the government is turning to small and medium scale industries, as a means...

    Business, Economics, Economy 9671  Words | 29  Pages

  • Emerging Role of Entrepreneurship and Challenges for Entrepreneurs Towards Their Role in Economic Growth

    EMERGING ROLE OF ENTREPRENEURSHIP AND CHALLENGES FOR ENTREPRENEURS TOWARDS THEIR ROLE IN ECONOMIC GROWTH Aneri Patel, AURO University, Surat, Gujarat, India ------------------------------------------------- ABSTRACT ------------------------------------------------- Entrepreneurship in today’s world means risk taking and bringing innovation. Many believes that entrepreneurship is an ongoing process and not static in nature. True entrepreneurs are resourceful, passionate comfortable fighting...

    Development economics, Economic growth, Economics 2171  Words | 6  Pages

  • Economic Development and Industrialization

    upon conditions outside human control such as the weather, as well as more efficient division of labor and economic growth. Industrialization is most commonly associated with the European Industrial Revolution of the late eighteenth and early nineteenth centuries. The onset of the second World War also led to a great deal of industrialization which resulted in the growth and development of large urban centers and as well as suburbs. Industrialization is an outgrowth of capitalism. The full...

    Cyprus, Developed country, Developing country 1964  Words | 6  Pages

  • essay of development of industries

    Essay on Development of Modern Industries in India under the British Rule SARATHI An important development in the second half of the nineteenth century was the establishment of large-scale machine-based industries in India. The machine age in India began when cotton textile, jute and coal-mining industries were started in the 1850s. The first textile mill was started in Bombay by Cowasjee Nanabhoy in 1853, and the first jute mill in Rishra (Bengal) in 1855. These industries expanded slowly...

    Bengal, British Raj, Capitalism 1689  Words | 7  Pages

  • Economics Airline Industry

    Part 1 The Characteristics Of The Airline Industry Preface Introduction The Primary Characteristics Competition Within The Airline Industry The Secondary Characteristics – The Tertiary and Quaternary Characteristics – Part 2 PESTEL Of The Airline Industry Conclusion References PART 1 The Characteristics Of The Airline Industry Preface Economics or Managing In The Global Environment, a subject everyone needs to be familiar with and most believe or think that they are, but at the end of the day, very...

    Airline, Avianca, British Airways 2602  Words | 7  Pages

  • Small Scale Industries

    Small-Scale Industries in the Globalization Era: The case of Jordan Basem M. Lozi, Assistance Professor, Al-Balqa Applied University, basem_lozi@yahoo.com Abstract The research examines the role of SSI in the economic development of Jordan by showing the effects of the SSI on the unemployment rate, production, and sales. The research concludes with policy recommendations to ensure the sustained and competitive growth of small-scale industries in Jordan. The results of the study show that the growth...

    Capital accumulation, Capital formation, Economics 5240  Words | 14  Pages

  • Role of Human Capital in Economic Development

    Introduction Our research topic is to analyze the relationship between human capital and economic growth. Economic growths important determinant are physical capital, labor and human capital. But from the recent trend of world economic growth, we found that human capital is playing a key role by taking the place of material capital and labor. Human capital is intimately related to growth as it increases the nation’s capacity to produce goods and services. It also creates more job opportunities...

    Capital, Capital accumulation, Economic development 2134  Words | 7  Pages

  • Term paper of economic development

    “Import substitution as implemented failed, and the justifications for out ward orientation are being increasingly undermined” – Guy Bentley From World War II until the 1970’s many developing countries have attempted to accelerate their development by limiting imports of manufactured goods, in an attempt to foster a manufacturing sector to serve the domestic market. This paper will follow the structure of Henry J Brutons’- A reconsideration of import substitution by first examining the theory...

    Economic growth, Economics, Economy 1790  Words | 5  Pages

  • Growth of Small Scale Industries

    The issues and challenges faced by the small scale tourism industries are the main aim of this essay in the essay it is critically analysed the difficulties and problems faced by the small scale industry and a lot of research is done on the small scale industries and it is discussed and argued in the essay. It is said that small scale industry is a very vital part of the tourism industry and economically it contributes a lot to the economy which is being talked about. Issues like innovative way of...

    Business, Business terms, Control 3161  Words | 10  Pages

  • Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— an Empirical Evaluation

    RESEARCH PROPOSAL Topic- Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— An Empirical Evaluation Submitted to-Name –Rahim UddinDesignation-Course Teacher | Submitted By-Name- Tariqur RahmanId-468461321Department-USB | Role of Bangladesh Tourism Industry as an Important Source of Rapid Economic Development— An Empirical Evaluation 1. Introduction Tourism is treated as one of the world's fastest growing industries. While travel was once an uncertain...

    Cultural tourism, Dhaka, Economic development 1450  Words | 5  Pages

  • Small Scale Industries

    Definition 4 2. Role and Importance 4 3. Trend in production 6 4. Trend in investment 7 5. Trend in employment and wages in the large and small scale 12 A. Employment Trend 12 B. Employment - Industry Group-wise 13 C. State-wise Employment Distribution 14 D. Trend in Average Wages 16 6. Employment intensity of output in the large and small scale 17 A. Employment intensity of output in small scale industries 17 B. Small scale industry is job creator 20 ...

    Economy, Employment, Industry 7962  Words | 36  Pages

  • FACTORS AFFECTING GROWTH OF SMALL SCALE ENTERPRISE IN KENYA

    CHALLENGES AFFECTING THE GROWTH OF SMALL SCALE ENTERPRISES IN KENYA (A Case study of Wajir Soko Mjinga Market) A Research proposal Submitted in Partial Fulfillment for the Award of Diploma in Business Administaration to the Mount Kenya University JULY 2013 ACKNOWLEDGMENT I take this occasion to thank the Almighty GOD for blessing me with his grace. I extend my sincere gratitude to my MKU supervisors...

    Economic development, Economic growth, Government 1851  Words | 7  Pages

  • Economic Development

    Economic development Economic development is the development of standard of living of humans. Development in infrastructure, health, industry, education, and financial institutions are parts of economic development. Average income of a person, life expectancy at birth, literacy rate, etc. are measurements of economic development. In order to increase the standard of living infrastructure facilities should be developed. Developments in roads, irrigation systems are a part of economic development...

    Developed country, Ecological economics, Economic development 1984  Words | 7  Pages

  • Economic Development for Developing Countries

    ECONOMIC DEVELOPMENT SUMMARY CHAPTER 2: COMPARATIVE ECONOMIC DEVELOPMENT (Page 65 – 73) Created By: PATRICIA M. A. ADAM 1006805694 International Undergraduate Program Faculty of Economics University of Indonesia Depok 2013 Larger Rural Populations but Rapid Rural-to-Urban Migration One of the hallmarks of economic development is a shift from agriculture to manufacturing and services. Although modernizing in many regions, rural areas are poorer and tend to suffer from missing markets...

    Colonialism, Cyprus, Developed country 1244  Words | 5  Pages

  • The Role of Information (Ict's) in National Development

    the other hand, development is a multi-purpose and multi-disciplinary term. It can be defined as, “A multi dimensional process that involves the quantitative increase in wealth and qualitative changes in the economy through improved technology, better utilization of natural resources and better social division of labour.” (Lipalile page 10). Development today is used mostly to describe growth in an economic sense. However from the above definition it is apparent that development is not limited to...

    Communication, Development, Economic development 1893  Words | 5  Pages

  • Small Scale and Cottage Industries

    SMALL SCALE & COTTAGE INDUSTRIES (Their role, problems & prospects in India) (AN OVERVIEW) Small scale industries Definition The definition of small scale industries have changed from time to time. Earlier they were classified under two categories: * Using power with less than 50 employees. * Using no power, but strength of employees is more than 50, less than 100. However according to the latest definition a industry is said to be a small scale industry...

    Capitalism, Industrial society, Industry 1641  Words | 8  Pages

  • Small Scale Development

    No.7; February 2012 Development of Small and Medium Scale Enterprises: The role of Government and other Financial Institutions By: Emmanuel O. Oni Ph.D & Daniya A. A. Department of Entrepreneurship and Business Technology, Federal University of Technology, Minna ABSTRACT Small and Medium Scale Enterprises constitute essential ingredients in the lubrication and development of any economy. In Nigeria, the story makes no remarkable difference as Small and Medium Scale Enterprises dominate the...

    Bank, Economic development, Microfinance 4868  Words | 16  Pages

  • Five Year Plans for Economic Development

    Five year Plans for Economic Development After the 6.25 war, most of all production institution was in ruin condition, so the South Korea economic had to start off with a clean state. In 1950s, Korea could survive based on U.S.A’s support, but when the international balance of payments and the budget deficit expanded, U.S.A had to announce to Korea that they will reduce the amounts of the support. For this reason, the president of South Korea, Park Jung Hee, who seized the power through staging...

    Developed country, Economic development, Economic growth 2038  Words | 6  Pages

  • economic development in pakistan

    formed in 1947, the new state had to start almost from a scratch. The areas which constituted Pakistan were mostly agrarian and backward and were dominated by a few feudal landlords. The few industries it inherited were based on either handicrafts or on processing of agro-products. The country's industry and trade were again largely under the ownership of Hindus and Sikhs who left the country with their capital immediately after the partition. These communities had managed much of the commercial...

    Ayub Khan, Economic growth, Economics 1807  Words | 7  Pages

  • Small Scale Industries Problems

    Article: Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production, employment, and export. However, since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization, domestic economic liberalization, and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also...

    Concentration, Delhi, Ganges 449  Words | 2  Pages

  • Small Scale Textile Industry

    SMALL SCALE TEXTILE INDUSTRY ABSTRACT India is the world’s second largest producer of textiles and garments after China. It is the world’s third largest producer of cotton—after China and the USA—and the second largest cotton consumer after China. The Indian textile industry is as diverse and complex as country itself and it combines with equal equanimity this immense diversity into a cohesive whole. The fundamental strength of this industry flows from its strong production base of wide range...

    Cotton, Cotton mill, Knitting 3129  Words | 10  Pages

  • The Role of Small and Medium Enterprises Development Authority

    ------------------------------------------------- Introduction Small and Medium Enterprises Development Authority - SMEDA Premier institution of the Government of Pakistan under Ministry of Industries. SMEDA was established in October 1998 to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan. With a futuristic approach and professional management structure it has focus on providing an enabling environment and business development services to small and medium enterprises. SMEDA is not only...

    Business, Entrepreneur, Entrepreneurship 1979  Words | 7  Pages

  • Handicraft Industry in Nepal

    Term Paper On Handicraft Industry in Nepal Industrial Social Work Submitted by: Submitted to: Bikina Chhetri Kesh Malla 6th Semester Date: 1st October, 2010 Concept: Handicrafts are unique expressions that represent a culture, tradition and the heritage of a country. Nepal is well known...

    Artisan, Arts and crafts, Crafts 1890  Words | 7  Pages

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