2. Starting a new business is often the result of some particular event or condition within...

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Economics

2. Starting a new business is often the result of someparticular event or condition within an individual's environment.List four events that could trigger a new business. Give an exampleof a real business that was triggered by one of the events youmentioned.Â Â (300 words â€“ 20 marks)
3. Define small businesses. Why does a small business act as acatalyst for social change? (200 words â€“ 15 marks)

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starting of a new business is a result of some particular event or change in the individual environment here we are taking an example of an establishment of a supermarket in a small town here the condition of that particular place was a suburban area with village type set up after the establishment of a new organization or manufacturing units the no of residential got increased whereas the proportion of outsiders to that place See Answer

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