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Linear economy
A linear economy is a traditional model based on a 'take-make-consume-waste' approach to using resources.
The raw material is made into a product. After the product comes to the end of its life, it is thrown away. If this model is not replaced, the world will reach a point where it will lose the capacity to sustain itself.
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The purpose of circular economy is to prevent waste while promoting sustainable economic growth. Manufacturers have to design reusable products. The model follows the production-use-recycling-production cycle.
The circular economy is more profitable and less harmful to the...
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Entrepreneurship, Enterprise, and Entrepreneur
Entrepreneurship is the act of doing or the total philosophy based on which one starts a new venture. It is the way which one follows to emerge as an entrepreneur.
Enterprise are created with innovative ideas and brain storming by teams ...
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Being a part of the ecosystem entrepreneurship is a must have in mind
Today's technology-enabled world offers many ways to capitalize on creativity: creators are now earning individually, monetizing their unique skills. People are turning their passion, the things they love to do, into their earning source.
Whether it's podcasting or video content creation...
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Modern economics is a theory of the economy that leaves no place for the entrepreneur. So where should entrepreneurs turn to improve their understanding? The Austrian school of economics might be the answer.
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