Entrepreneurship growth are measured in terms of profit,
sales and goal achievement
Two factors affects the growth ie. Economic factors and
non-economic factors
Economic Factors- economic factors are economic
system capital, human resources, raw materials, markets, competition and
franchise
Economic systems have three models
1.
Free market economic(capitalism)
2.
Centrally planned economic(Socialism)
3.
Mixed economic
Non Economic factors- non economic factors are
political factors, social factors, psychological factors and technological
factors.
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