1.The Role of entrepreneurship in economic development of a country An entrepreneur can be regarded as a person‚ who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. He is the catalyst for social change and works for the common good. They look for opportunities‚ identify them and seize them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake
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English colonized Kenya. It had many effects on Kenya‚ good and bad‚ but the bad outweighed the good. Colonialism affected Kenya badly. It was affected badly because the Kenyans were appointed new leaders that didn’t really care about them and the Europeans didn’t treat them equally and they basically took over their land as if the Kenyans weren’t even there. They also didn’t get paid much and they didn’t get as much education as the Europeans. When the British colonized Kenya they started appointing
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Unit 2.1 task 2.1 Describe with examples the kinds of influences that affect children and young people’s development including: background‚ health and environment. Children and young person’s development is affected by many different factors and influences including background‚ health and environment. In my experience there is no stronger influence than that of their parents as they tend to be a Childs first influence‚ teacher and care provider. Although children begin school‚ make friends and have
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Statement of the Problem Has cyber terrorism become a bigger concern to the government since the 9/11 attacks and the war on terrorism? When it comes to terrorism‚ people often think I is only restricted to physical harm. It is because of this oblivion that cyber terrorism is on the rise. According to the U.S. Federal Bureau of Investigation‚ cyber terrorism is any "premeditated‚ politically motivated attack against information‚ computer systems‚ computer programs‚ and data which results in violence
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Personality development‚ therefore‚ is to allow new ideas to influence our personality‚ and to allow introspection to bring to the forefront latent qualities‚ effecting a change for the better. There are four aspects to an individual’s personality: body‚ mind‚ heart and soul. Several factors contribute to one’s personality‚ to the development of one’s personality. These are all integral to the above mentioned aspects. The recognition‚ and consequently‚ the maintenance and progress of these factors – whether
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WHAT IS MANAGEMENT? Management can be defined in various ways. In the words of Pride et al‚ management is the process of coordinating the resources of the organization to achieve the primary goals of the organization. It is also defined as the organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives. Taylor defined management as knowing exactly what men do‚ and the seeing that they do it in the best and cheapest
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MILLENIUM DEVELOPMENT GOALS IN KENYA NEEDS & COSTS This Report has been prepared by the Ministry of Planning and National Development‚ Courtesy of the UNDP‚ Kenya‚ and the Government of Finland 1 Copyright © Government of Kenya 2005 All enquiries to be addressed to: The Permanent Secretary Ministry of Planning and National Development Harambee Avenue Treasury Building Nairobi P.O. Box 30005‚ Nairobi Kenya 2 Foreword K enya‚like the rest of Africa‚ Kenya recognises that
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Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says‚ “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”. According
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towards concepts of sustainable development and the acquisition of progressively higher standards of living .Growth without development is being criticised as being an ephemeral and increasingly deceptive indicator of the actual state of the economy .Concepts like population growth which erode economic growth and education and health which enhance human capital accumulation are gaining a lot of importance and are being touted as being as essential to the development of an economy as the growth rate
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Demand side factors 1.Monetary policy The central bank tries to maintain price stability through controlling the level of money supply. Thus‚ monetary policy plays a stabilizing role in influencing economic growth through a number of channels. The contribution that monetary policy makes to sustainable growth is the maintenance of price stability. Since sustained increase in price levels is adjudged substantially to be a monetary phenomenon‚ monetary policy uses its tools to effectively check
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