Factors affecting entrepreneurship development conclusion
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ȯ Economic Factors : - Economic factors also influence the growth of entrepreneurship. The important economic factors are: (A)Infrastructural Facilities: - Entrepreneurship development requires certain basic infrastructure like power, transportation, communication, technical information etc.
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The economic factors that affect the growth of entrepreneurship are the following:
- Capital. Capital is one of the most important factors of production for the establishment of an enterprise. ...
- Labor. Easy availability of right type of workers also effect entrepreneurship. ...
- Raw Materials. ...
- Market. ...
- Infrastructure.
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