INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
Question
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The physical and social characteristics of the population; age, gender, income, employment, family status, education, geographic location, religious affiliation, ethnic origin, etc.
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Society
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Prototype
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Demographics
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Economy
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Explanation:
Detailed explanation-1: -Demographics can include any statistical factors that influence population growth or decline, but several parameters are particularly important: population size, density, age structure, fecundity (birth rates), mortality (death rates), and sex ratio (Dodge 2006).
Detailed explanation-2: -Demographic indicators provide information on demographic processes and their outcomes. Socio-economic indicators track economic progress and social change, and generally portray a people’s state of well-being and quality of life.
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