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Role Of Entrepreneurship In Economic Development.

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Role Of Entrepreneurship In Economic Development.  Are you aware of who entrepreneurs are? And what exactly is the role of entrepreneurship in economic development, and how does it affect economy ?  Entrepreneurs are innovative people and recognise their abilities to start their own businesses by undertaking several risks, contributing to economic expansion.As we know risk taking in business is very crucial thing. entrepreneurship development programmes are crucial in helping young entrepreneurs transform their business aspirations into reality. Entrepreneurship is one of the prime reasons for economic development, as it is a significant source of job creation and shapes the economic landscape.  The role of entrepreneurship is to promote economic stability, and it plays a significant part in improving per capita income. Entrepreneurship drives the economic growth of a country by introducing new services and technologies that could meet the demands of current ...

Economics of bollywood and regional cinema

Hey everyone! Today, we're diving into something super interesting - the economics of Bollywood and regional cinema in India, and how it's shaping the country's economy.  Alright, let's kick things off with Bollywood. This Mumbai-based Hindi film industry is a force to be reckoned with! Bollywood, the Hindi film industry based in Mumbai, traces its roots back to the early 20th century, with the release of India's first full-length feature film, Raja Harishchandra, in 1913. The industry grew rapidly in the post-independence era (1950s-60s), marked by the "Golden Age" of cinema with classics like Mother India and Mughal-e-Azam. These films were characterized by strong narratives, melodious music, and grand sets, which became the hallmark of Bollywood. During the 1970s and 80s, Bollywood saw a shift towards the “masala” genre – a mix of action, romance, and drama. - Did you know that Bollywood produces around 1,000 films annually? That's more than double ...