Small Business and Entrepreneurship
Business and Industry
How do underdeveloped countries lift their economies through entrepreneurship?
Asked in Economics
How other undeveloped countries uplift their economy through entrepreneurship?
Asked in Elizabeth II
What is the motto of Queen Rania Center for Entrepreneurship?
Asked in India
How did india affect other countries through asia-?
What are the Social and economic impact of entrepreneurship?
Entrepreneurship creates employment. Entrepreneurship improves the quality of life. Entrepreneurship contributes to more equitable contribution of income and therefore eases social unrest. Entrepreneurship utilizes and mobilizes resources to make the country productive. Entrepreneurship brings social benefits through the government
Asked in Economics
Social and economic contributions of entrepreneur?
1. Entrepreneurship creates employment. 2. Entrepreneurship improves the quality of life. 3. Entrepreneurship contributes to more equitable distribution of income taxes and therefore eases social unrest. 4. Entrepreneurship utilizes and mobilizes resources for greater national productivity. 5. Entrepreneurship brings social benefits through the government.
Why does economy needs entrepreneurs?
Asked in War and Military History, Cold War
What factors weakened communist governments near the end of the Cold War?
Asked in Cold War
Which factor weakened communist governments near the end of the Cold War?
Asked in History of Africa, Africa, Red Sea
What effect did old colonial boundaries have on newly independent African countries?
Asked in Slogans and Mottos
What is Lester Center for Entrepreneurship's motto?
Asked in Business & Finance, Economics
Why underdeveloped countries prefer imitative entrepreneur?
Basically people of underdeveloped countries cannot take risk (due to lack of education, lack of social awareness, low finance,etc.). Hence they depend on Government to support in creating employment opportunities & expect government to set example in creating /building business organizations usually called as public sectors ( Like in Asia -India & Mexico). government act as creator , regulator & caretaker & helps independent entrepreneurs to come up gradually by following government initiatives. Through public sectors Government of a given nation may train people into industrial behaviour keeping them as employees. By & by it may develop them Intrapreneurs which lead to entrepreneurship. In India Persian community exhibitted entrepreneurial behaviour (in Jewish countries Jews exhibitted the same).Once the culture of entrepreneurship penetrates there is a possibility a society can find more risk takers. If social & cultural background of a country is not towards entrepreneurial behaviour imitative entrepreneur may be needed which a Government can do or a community may do such imitation. Contributor's ID-- firstname.lastname@example.org
Asked in Health, Medication and Drugs
Should underdeveloped countries be given free or reduced cost medications?
It sounds nice in theory but has been a problem in practice. Most underdeveloped countries are underdeveloped due to corruption. Countries that have wiped out corruption have become developed. Developed countries such as Argentina and Venezuela, which were among the richest in the world, are becoming undeveloped through corruption. Cuba which was also one of the richest countries in the world became one of the poorest. Giving medications to the governments has resulted in their sale on the open market. They have not benefitted the people of those countries. There would need to be a mechanism to go around the government and get to the people. There would also need to be a way to pay the drug companies. The drugs should be purchased in large wholesale lots at a reduced rate. To force a particular company or set of companies to make a product and give it away would be the same as adding an additional tax on a particular set of companies.
Asked in Fuel Economy and Mileage, Economics, Communism
What are examples of a traditonal economy?
There are no pure traditional economy in the World now. India is not a traditional economy. Many economies continue with traditional small scale/ cottage/ village industries limited by local markets as well as traditional small scale fragmented land farming, but most economies have modern industries and transport, growing urbanization. None of the countries can be strictly referred to as traditional economies. And, many of the countries are exporting and importing through cross border trade. Many are capitalist economies, often mixed economies. Some are relatively closed economies with communist or religious dictatorships. If you mean which countries have small scale traditional industries coexisting with modern industries, then most undeveloped and developing countries fall in this category. They include, beside India, Pakistan, Sri Lanka, Bangladesh, Nepal. Vietnam, Indonesia,. Myanmar, , Mauritius, several poor African countries. A traditional economy is an economic system in which resources are allocated by inheritance, and which has a strong social network and is based on primitive methods and tools. It is strongly connected to subsistence farming. Most countries that have historically had a traditional economy have replaced it with a command economy, market economy, or mixed economy. However, it is still found today in underdeveloped, agricultural parts of South America, Asia, and Africa. A traditional economy is where people produce most of what they need to survive. Hunting and gathering, farming, and herding cattle are the bases of traditional economy. People hunt for the food they eat or raise it themselves. Often they make their own clothing and tools. If they produce more food than they need, they trade the surplus, or extra food, for goods made by others.