Shilpa loomba & Dr. S.K.Sindhi
Abstract:- The paper reveals the interlinked effects of entrepreneurship & urbanization on economic development. Urbanization is increasing day by day due to increase in Entrepreneurship in developed areas. This is ultimately affecting per capita income, employment level & growth of population in urban areas. Up to some extent it is beneficial for the economy as entrepreneurship & urbanization enhancing employment, per capita income & economic growth in major sectors.
Key words: - Economic Development, Urbanization, Entrepreneurship, Employment, per capita income
Objectives:-
1. To study the interlinked relation between entrepreneurship & urbanization.
2. To study the economic effects of entrepreneurship & urbanization on economy.
3. To determine the role of entrepreneur in employment generation.
Research Methodology:-
It is an empirical study under which the data has been collected from various secondary sources such as census reports, world fact book, journals & publications.
Introduction:-
Urbanization refers to a process in which an increasing proportion of an entire population lives in cities and the suburbs of cities. Historically, it has been closely connected with industrialization. When more and more inanimate sources of energy were used to enhance human productivity (industrialization), surpluses increased in both agriculture and industry. Larger and larger proportions of a population could live in cities. Economic forces were such that cities became the ideal places to locate factories and their workers.
The United Nations estimates indicate that at mid 1990s, about 43 per cent of the world population lived in urban areas. With the urban population growing two and half times faster than its rural counterpart, the level of urbanization is projected to cross the 50 per cent mark in 2005. United Nations projections further show that
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