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Entrepreneurship Suffers During Recession

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© US Mission GenevaEntrepreneurship has been the biggest loser in this period of recession and post recession. Many people who would have gone into entrepreneurship have been discouraged by the poor sales, tight credit and huge competition from other entrepreneurs. Entrepreneurship is widely seen as the key to the recovery of the economy since two thirds of the new jobs are generated by these small businesses. According to the Kauffman Foundation, which provides support for entrepreneurship, small businesses are often seen to increase the job ...

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