Business Environment

3. Economically backward country India has made consideration the fields of agriculture and industrialisation.
4. Gross Domestic Product Measures the total value of final output of goods and services production the country domestic economic by residents and non residents.
8. Lack of free movement there is increased gap between the elites and the passes.
9. Macro economic parameters are otherwise called as general economic factors exert considerable influence over business.
10. Complete economic freedom there is complete economic freedom in mixed economy.
12. group means a group consisting of people, 80 percent or more of whom use mutually intelligible with identical phonetic structures.
14. Social and culture environment is Man-Made.
16. Changed economic environment has led to a modification of the system.
17. The economic system in a country exerts a great influence on the development prospects.
18. India is a diverse civilization with a large variety of castes.

1. The process of socialization from the social attitudes among individuals deeds of an individual reflects the attitudes of the people.
2. Planned economy the entire economic structure is subject to the planning of the government.
5. Regionalism people belonging to a particular region consider those to other regions as outsiders, Regions,Linguistic, culture and caste Diversiten.
6. Diversity as already stated, people belong to different Aryar, dravidian and mangling inhabit India.
7. Joint Family System is a unique feature of Indian society.
11. Complex society Indian society is characterized as a pluralistic it possess complex society order.
13. Tradition in India both Tradition and modernity exists side by side.
14. Inheritance the right to give acquire property in Inheritance is allowed in capitalism.
15. The important features of capitalist system capitalism is also known as free enterprise economic or free market economy.
17. Socialism is also known as the communist Economic system or planned economy.