INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Article XI Section I
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Article XI Section II
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Article XII Section I
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Article XII Section II
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Detailed explanation-1: -Article 12 of the Constitution of India defines State to include the Government & Parliament of India, the Government & the Legislature of each of the States, all local authorities, and other authorities within the territory of India or under the control of the Government of India.
Detailed explanation-2: -Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.
Detailed explanation-3: -The private sector is the driver of growth in most ASEAN economies. It is therefore expected to play a significant role in the process of economic integration in ASEAN. In the Philippines, the private sector has dominated the economy, contributing about 95 percent of GDP, but it has not lived up to its potential.