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Need of Entrepreneurship: Meaning, Importance, Scope & Features
Entrepreneurship catalyses innovation, economic development, and job creation. Its main aim is creativity and inspiring people to turn their ideas…
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Discharge of Contract: Meaning, Types, Rules, and Legal Effects
Every contract has a life cycle—from the time of agreement to when all work is done. When a contract ends…
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Money and Banking: Functions, Importance, Structure and Role
It is all Money and Banking - There are very few other pillars an economy relies on, and money and…
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Difference Between Trade and Commerce: Its Types, Role and More
People often get confused between trade and commerce. They use these words as if they mean the same. But they…
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Primary Function of Money: Medium of Exchange & Store of Value
Money is the foundation of all economic activity. It is used every day to buy goods, pay for services, save…