Alvar Nunez Cabeza De Vaca Essays - Slaves, Lvar Nez Cabeza De Vaca

Alvar Nunez Cabeza De Vaca Alvar Nunez Cabeza de Vaca Most peoples' exposure to world history is limited to several classes in school and action films. This creates an aura of glamour and excitement, which is far from the reality that conquistadors such as Alvar Nunez Cabeza de Vaca experienced. In light of the intolerable hardships that many of these early explorers were forced to endure, what motivated men like de Vaca to join such perilous adventures? Cabeza de Vaca's life and journey to North America are intriguing because through his extended encounters with the Native Americans he became known as the compassionate conquistador. Cabeza de Vaca was born in 1490 to Spanish nobility; his ancestors being warriors and explores. Cabeza joined the army in his teens and distinguished himself as a fine officer. He was a respected veteran and dedicated to his country and the King when he was appointed treasurer and second-in-command of the 1527 expedition to the New World (Bishop). De Vaca was a career military man and it was an honor to accept the King's appointment to conquer new lands (the whole Gulf Coast of North America) for his country, Spain. He had seen the hero's welcome and the great wealth received by the lucky ones returning victoriously. The governor of this expedition said? That he and his followers were going to fight and conquer nations and countries wholly unknown, and in subduing them he knew that many would be slain; nevertheless, that those who survived would be fortunate, since from what he had understood of the opulence of that land, they must become very rich. (Jameson) Besides heritage, patriotism, fame and fortune, de Vaca's devotion to God was another driving force in his life. In writing his narrative, de Vaca addressed the Sacred Catholic Majesty saying his writings would be important to those who in our name [Spain] go to subdue those countries and bring them to a knowledge of the true faith and true Lord, under the imperial dominion?.(Jameson) His ardent faith gave him great desire to convent to Christianity the inhabitants of the New World. The incredible hardships of these explorations are hard to believe. The fact that in 1527 a fleet of five ships and 600 men left Spain and ten years later de Vaca with three other survivors returned, speaks for itself. After landing in Cuba, the fleet continued to the coast of southwest Florida. For the next eight years de Vaca proceeded on foot and makeshift rafts along the Gulf Coast. (See map @ end) The details are gruesome, documenting potential death from many directions. Starvation was constantly battled. Weeks past where de Vaca had only a handful of corn for a day's ration. He tells of 18 months with one group of Indians where the greatest luxury I enjoyed was on the day they would give me a skin to scrape, because I scraped it very deep in order to eat the parings, which would last me two or three days. (De Vaca) Cannibalism was noted among some. Men died from drowning, thirst, murder, infection, and exposure. At one place where de Vaca was forced to stay for several seasons , he had no clothes and exposure to the sun and air covered his body with big sores making it very painful to pull heavy loads, with ropes cutting in to his arms. Sometimes, by the end of the day he would have lost so much blood he had no energy to drag the load out (Bishop). How could he persevere? To de Vaca's way of thinking, human suffering was the fate of all good Catholics (Sheppard). Time after time Cabeza de Vaca was given strength by his unquestioned faith in God and belief that he was there for God's divine purpose, that was guiding him to where he could better serve God. After weeks or often months of ongoing hardships, de Vaca would respond with, Thanks to our Lord, whose help to us never failed. He said that, In all that trouble my only relief or consolation was to remember the passion of our Savior, Jesus Christ, and the blood He shed for me, and to ponder how much greater His sufferings had

Taking Some of the Stress out of Publishing in a Literary Magazine

Taking Some of the Stress out of Publishing in a Literary Magazine Literary magazines have served as gatekeepers for new writers since the first one was published in 1684 (Nouvelles de la rà ©publique des lettres). Some writers, such as T.S. Eliot, were first discovered through publishing in a literary magazine, and most well-known writers have published in them at some point.From webzines to university-funded publications, to The Paris Review- literary magazines have only increased in popularity over the past few decades, especially with the growth of online publishing. As a periodical devoted to literature, literary magazines (also known as literary journals) typically publish essays, poetry, short stories, interviews with authors, letters, literary criticism, book reviews and more.Why writers should publish in literary magazinesAs we mentioned before, many great writers have either gotten their start or increased their publishing opportunities significantly through publishing in literary magazines. Publishing in a literary magazine- especially i f its a well-known one- significantly increases exposure of a writers work and will open up other publishing opportunities, as well. Additionally, many literary magazines offer contests, allowing new or un-agented writers the opportunity to get their work out there and earn credibility in the publishing world at large.First things first: Find the right literary magazineWith a wide scope of literary magazines available, most have a niche market as their readership, and look for a very specific genre or format of writing to include in their publication. That being said, one of the first steps you should take to ensure better odds of getting your writing published in a literary magazine is to find the right one out of the hundreds available. Some cater to very specific crowds (like mothers of young children or green living enthusiasts) while others have wider audiences. Some publish only a few times a year, while others publish quarterly.There are several online resources available to help writers sift through whats available and find the literary magazine(s) that best suits their intended submission. Although its a paid service, DuoTrope is another great resource to help writers find everything from the best literary magazines to publish in for their specific niche or genre to agents interested in potentially representing their work. With this narrowed scope, writers have a much better opportunity of getting published in the literary magazine of their choice.Second: Follow the rules and dont submit blindlyLiterary magazines are generally very good about being specific regarding the exact type of writing they want, how to submit it, and what to expect. Following the publications rules regarding submission plays a big role in increasing the writers chances of getting accepted. Many literary magazines are run as a side project, which means their editors often dont have time to sift through manuscripts that dont follow submission guidelines or dont sync with the pub lications overall feel and purpose.Most respected literary magazines and webzines provide detailed submission guidelines on their website. Some allow email submission of a manuscript while others want a hard copy and SASE (self-addressed return envelope). Some literary magazines will charge a submission fee, as well, so its important to look at all of the submission guidelines before making a choice regarding which ones you want to submit your work to.Next, learn the lingoNext, its important to learn the lingo of the literary magazine market. Here are a few terms you might encounter in your search for the right publication for your work:Simultaneous Submissions†¯Ã¢â‚¬â€œ Simultaneous submissions are when a writer sends out his or her work to several magazines at once. Literary magazine editors will vary in their rules about simultaneous submissions: some will allow it while others are very clear they dont want a writer to do it. There are multiple reasons why an editor might no t want simultaneous submissions, including issues of publishing rights, which well cover later in this article. If submission guidelines advise against simultaneous submissions, dont be tempted to do it anyway. Many editors know other editors within the world of literary magazine publishing, so you dont want to get started on the wrong foot with any of them by not following this request.Withdrawal†¯Ã¢â‚¬â€œ This is the process you will need to go through if simultaneous submissions are acceptable and a literary magazine decides to publish your work. Usually, you can submit withdrawals of your manuscript via email or online, but some literary magazines have more formal ways of doing it. Refer to a magazines submission guidelines for more details about their preferences.Reprints†¯Ã¢â‚¬â€œ While most literary magazines prefer to be the first to publish a particular piece, some will offer publication of reprints, or work that has been previously published elsewhere.First Seria l†¯Rights – First serial rights are the rights held by a publication to publish a piece for the first time. After publication, the writer may then resell the piece to another publication.Non-exclusive / Exclusive Rights †¯Ã¢â‚¬â€œ Non-exclusive rights are rights held by the publisher to publish your work while acknowledging that your work can also be printed elsewhere. Exclusive rights are the opposite, in that the literary magazine or publication owns exclusive rights to your work and it cannot be published anywhere else, including on your author website.Know the slush pile and how to get out of itBrigid Hughes, former Executive Editor of The Paris Review, stated in an interview that the publication receives between 15,000 to 20,000 submissions in a year. Considering these numbers, its important to understand the dreaded literary magazine slush pile and what to expect of it. The slush pile is the pile (whether literal pile of paper or digital pile) of unsolicited m anuscripts sent in by writers wishing to be published in the literary magazine or webzine. Especially for the most well-known and exclusive publications, this slush pile is not the editors primary concern, and will often take a while to get to any manuscript within it. Further, the larger publications have readers who go through the slush pile, which means the editors might never see your manuscript in the first place.To end up in the non-slush pile for these exclusive publications, youll need to either have been solicited from the editors to submit your work, have an agent, or have published with the magazine before. But since most writers seek first-time publication in these literary magazines, its important to a) be patient as your manuscript makes it through the slush pile process and b) follow submission guidelines and magazine content style to the letter to increase your chances of surviving the slush pile. Simply put, busy slush pile readers might pass over great writing simp ly because its not formatted correctly, doesnt fit with the publications scope of content, or wasnt submitted following submission guidelines.If your work doesnt get accepted- keep tryingWith so many literary magazines and webzines currently in print or online, getting published in a literary magazine has never been easier. However, most editors of literary magazines have a very specific type of piece or writing style theyre looking for. If your manuscript is rejected- or worse, you just dont hear back at all- take heart in knowing that the more manuscripts you send out, the better your chances are at getting accepted for publication in a literary magazine.Another benefit to querying multiple publications (that are likely to reject you) is youll have several different opportunities to receive feedback on your work from experts in the industry. This type of feedback is invaluable for a writer and should always be received graciously. This is especially true since some editors will si mply reject your work without explaining why, while others will give you a general excuse, such as: Your work does not fit our publications goals at this time.

The advantages and disadvantages of MoneyGuidepro Essay

The advantages and disadvantages of MoneyGuidepro - Essay Example Financial planning computer software such as the MoneyGuidepro have gained widespread popularity in the recent past (Drucker & Bruckenstein, 2003). The program has many benefits for financial planners and their clients. For instance, the software facilitates timely completion of financial planning. In essence, the software aids in saving the time spent on analyzing financial reports from various sources such as the financial statements and cash flow statements, thereby, easing financial planning procedures. In this regard, the financial planner can develop multiple plans simultaneously since the information required is configured in one location. The software has outstanding capability to handle complex financial planning problems faster and easier compared to manual planning. Multi-tasking With financial computer planning software, it is possible to perform many task at the same time. For instance, the MoneyGuidepro software facilitates calculations of various variables on the same page. In essence, the software supports combination of various problems on one platform and solving them simultaneously. In addition planning for activities such as retirement, college studies, asset allocation and estate planning is done more conveniently than using manual methods for financial planning (Updegrave, 2013). In essence, the software provides alternative solutions for the financial planner and the client in the planning process.

The Spread of Buddhism and The Spread of Islam Essay

The Spread of Buddhism and The Spread of Islam - Essay Example One of the key elements that was prevalent in both Islam and Buddhism is the fact that both possessed a charismatic leader that propagated for their religions. George Bernard Shaw once said about Muhammad:  "He must be called the Savior of Humanity. I believe that if a man like him were to assume the dictatorship of the modern world, he would succeed in solving its problems in a way that would bring it much needed peace and happiness".   Muhammad  was the most reviled figure in the history of the West from the 7th century until quite recent times. Muhammad, the founder of Islam, was confident, poise, compassionate and had an amazing personality. One of the reasons why Muhammad is truly an influential figure ever witnessed by the mankind was due to the fact that he was a key prophet. In Islam, the tradition of prophethood is extremely vital (Staples 63). Yet, Muhammad was an astonishing leader in his community morally and intellectually. This is essential because he becomes a mo del for his followers. Muhammad was extremely kind-hearted, and had amazing character (Staples 65). Before Mohammad even achieved his prophethood, he was some illogical traditions that were barbaric. For example, Arab and Persian tribes had a tradition of burying their young daughters alive (Varisco 139). The reason was due to the mentality that girls were considered a burden in the family, while the young son can facilitate his dad in earning the daily bread. When Muhammad saw these cruel acts, he immediately put an end to it. Similarly, Buddha possessed similar capabilities that allow both individuals to propagate their message to a mass populous which needed a savior during their times. Buddha was an amazing character because he has struggled to achieve his salvation and adapted a lifestyle that few could tolerate. Both Buddhism and Islam ousted these illogical traditions and solidified a root foundation of justice that was so critical in those eras. For instance, when Muhammad w as born, the Arabian Peninsula was in chaos (Hart, 9). However, traditions such as burying young born girls alive, oppression and cruelty was prominent. Similarly, Buddha was born in a wealthy family but continues to severe signs of poverty that plagued society. Both Islam and Buddhism implemented reform in a manner that no other religions had the ability to do so. It was inevitable that Muhammad and Buddha both changed the political, economical, and social spheres in their respective societies. Without a doubt, Islam was reached due to theological factors for many reasons. First and foremost is the fact that Islam banished interest and alcohol. Alcohol was the main cash crop of Arab back in that era and was the root foundation for trade (Hart, 22). Moreover, merchants were not able to charge interest unjustifiable, which was detrimental to their business. The social movement of reform that Islam implemented was clearly a brilliant indication of an unforeseen change that would dynam ically modify the globe. Buddhism is a religion that teaches peace and is regarded to be one of the most common meeting grounds for all the Asian cultures. Unlike Hinduism, Islam and Christianity, Buddhism does not embrace the idea of divine holiness. The components that create Buddhism are critical as they embrace peace and allow individuals to reflect from within. Hence Buddhism is embraced my Asian cultures because it rejects diety, promotes

Online Shopping Essay Example for Free

Online Shopping Essay Online shopping (sometimes known as e-tail from electronic retail or e-shopping) is a form of electronic commercewhich allows consumers to directly buy goods or services from a seller over the Internet using a web browser. HISTORY English entrepreneur Michael Aldrich invented online shopping in 1979. His system connected a modified domestic TV to a real-time transaction processing computer via a domestic telephone line. his enabled closed corporate information systems to be opened to outside correspondents not just for transaction processing but also for e-messaging and information retrieval and dissemination, later known as e-business In March 1980 he went on to launch Redifons Office Revolution, which allowed consumers, customers, agents, distributors, suppliers and service companies to be connected on-line to the corporate systems and allow business transactions to be completed electronically in real-time. [3] During the 1980s[4] he designed, manufactured, sold, installed, maintained and supported many online shopping systems, using videotex technology The first secure retail transaction over the Web was either by NetMarket or Internet Shopping Network in 1994.[7]Immediately after, Amazon.com launched its online shopping site in 1995 and eBay was also introduced in 1995.[6] Alibabas sites Taobao and Tmall were launched in 2003 and 2008, respectively. Reasons for online shopping 1) Convenience: Where else can you do shopping, even at midnight, wearing your jammies? You don’t have to wait in a line or wait till the shop assistant helps you with your purchases. You can do your shopping in minutes even if you are busy, apart from saving time and avoiding crowds. Online shops give us the opportunity to shop 24 x 7 and also reward us with ‘no pollution’ shopping. 2) Better Prices: I get cheap deals and better prices from online stores because products come to you directly from the manufacturer or seller without middlemen involved. Many online shops offer discount coupons and rebates. 3) Variety: One can get several brands and products from different sellers at one place. You can get in on the latest international trends without spending money on travel; you can shop from  retailers in other parts of the country or even the world without being limited by geographic area These stores offer a far greater selection of colors and sizes than you w ill find locally. If you find that the product you need is out of stock online, you can take your business to another online store where the product is available. 4) Fewer Expenses: Many times when we opt for conventional shopping we tend to spend a lot more than the required shopping expenses, on things like eating out, traveling, impulsive shopping etc. 5) Comparison of Prices: Online shops make comparison and research of products and prices possible. Online stores also give you the ability to share information and reviews with other shoppers who have firsthand experience with a product or retailer. 6) Crowds: If you are like me, you would like to avoid the crowds when you do the shopping. Crowds force us to do a hurried shopping most of the time. Crowds also create a problem when it comes to finding a parking place nearby where you want to shop and going back to your vehicle later loaded with shopping bags. 7) Compulsive Shopping: Many times when we go out shopping we end up buying things which we do not require because of the shopkeepers’ upselling skills or we’ll compromise on our choices because of the lack of choices in those shops. 8) Discreet Purchases: Some things are better done in privacy. Online Shops enable me to purchase undergarments and lingerie or adult toys without the embarrassment that there are several people watching me and my choices. Product selection Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine. Once a particular product has been found on the website of the seller, most online retailers use shopping cart software to allow the consumer to accumulate multiple items and to adjust quantities, like filling a physical shopping cart or basket in a conventional store. A checkout process follows (continuing the physical-store analogy) in which payment and delivery information is collected, if necessary. Some stores allow consumers to sign up for a permanent online account so that some or all of this information only needs to be entered once. The consumer often receives an  e-mail confirmation once the transaction is complete. Payment Billing to mobile phones and landlines[13][14] Cash on delivery (C.O.D.) Cheque/ Check Debit card Direct debit in some countries Electronic money of various types Gift cards Postal money order Wire transfer/delivery on payment Invoice, especially popular in some markets/countries, such as Switzerland Bitcoin or other cryptocurrencies Product delivery Once a payment has been accepted, the goods or services can be delivered in the following ways. For physical items: Shipping: The product is shipped to a customer-designated address. Retail package delivery is typically done by the public postal system or a retail courier such as FedEx, UPS, DHL, or TNT. Drop shipping: The order is passed to the manufacturer or third-party distributor, who then ships the item directly to the consumer, bypassing the retailers physical location to save time, money, and space. In-store pick-up: The customer selects a local store using a locator software and picks up the delivered product at the selected location. This is the method often used in the bricks and clicks business model. For digital items or tickets: Downloading/Digital distribution:[15] The method often used for digital media products such as software, music, movies, or images. Printing out, provision of a code for, or e-mailing of such items as admission tickets and scrip (e.g., gift certificates and coupons). The tickets, codes, or coupons may be redeemed at the appropriate physical or online premises and their content reviewed to verify their eligibility (e.g., assurances  that the right of admission or use is redeemed at the correct time and place, for the correct dollar amount, and for the correct number of uses). Will call, COBO (in Care Of Box Office), or at the door pickup: The patron picks up pre-purchased tickets for an event, such as a play, sporting event, or concert, either just before the event or in advance. With the onset of the Internet and e-commerce sites, which allow customers to buy tickets online, the popularity of this service has increased. Types of Buying Behaviour. There are four types of buying behaviour. 1. Complex buying behaviour is where the individual purchases a high value brand and seeks a lot of information before the purchase is made. 2. Habitual buying behaviour is where the individual buys a product out of habit e.g. a daily newspaper, sugar or salt. 3. Variety seeking buying behaviour is where the individual likes to shop around and experiment with different products. So an individual may shop around for different breakfast cereals because he/she wants variety in the mornings! 4. Dissonance reducing buying behaviour is when buyers are highly involved with the purchase of the product, because the purchase is expensive or infrequent. There is little difference between existing brands an example would be buying a diamond ring, as people believe there is little difference between diamond brand manufacturers.

Anton Chekhovs Selected Stories :: Selected Stories Essays

Anton Chekhov is a master at showing aspects of real life; how fed up people are, how it really is without the everyday pleasantries, and how exploitable people are by one another. Chekhov uses these three aspects with great mastery to show his form of real life in his "Selected Stories." Chekhov shows how fed up people are with one another in his short story the "Jailer Jailed." This story is about a man, who is a prosecuting attorney, is actually living in his own jail; being married to his wife who lets him do nothing but wait on her hand and foot. "I understand what it means to be in jail!" This quote explains just how the man feels living his life the way he is. The above is a direct example in life as how fed up people are. It just makes weird sense that a man with so much power with people doesn't have a prayer with his wife. "Milksop" is another one of Chekhov's stories showing how real life is, but this particular one depicts life without its pleasantries. This story is about a reporter who wants to be invited to this prestigious party but can't go because he works for the press. This shows real life without its pleasantries. Because the man couldn't get into the party because he was a reporter, his public power failed him. "A Nincompoop" also shows real life as Chekhov sees it, but this particular one depicts how exploitable people are by one another. This story begins with a women's payday. But, to her surprise her employer starts to deduct for things she has broken and for other dumb reasons. When he gets all done all she is left with is eleven out of sixty rubles. But she takes them gladly anyway. Then her employer asks if she thinks this is fair, and she agrees. Then her employer says that she is stupid and gives her the

Engines of economic growth Essay

Economic growth refers to an increase in the amount of goods and services that an economy can produce over a specified period of time. Percentage increase in real domestic product is conventionally used to measure economic growth. In order to net out inflation effects on prices of goods and services, growth is measured in inflation adjusted terms or simply real terms. Typically, economic growth means an increase in potential output, a situation where there is full employment due to growth in observed output or aggregate demand (Kennedy, 1990, 34). Engines of economic growth refer to variables or elements that determine the level of economic growth, either propelling it forward or backwards. Normally, such variables are geared at improving the status of economy but not slaging it. However, because of the challenging economic conditions all over the world, many economies are observed to experience depressions and booms respectively to the conditions of the economy. The economy therefore does not assume a straight line but a curve with minima and maxima and sometimes flat shapes. Therefore, engines of economic growth manipulate the path of the economy, as they are also manipulated by the market state (Collins, 2000, 20). One of the engines of economic growth is the level of investments. For capital goods to be accumulated and facilitate the production of greater volume of consumer goods in time to come, certain percentage of consumer goods should be given up in the current time. Accumulations for the future period can only be achieved through sacrifices of the present time. Increase in the quantity of capital goods is called investments. In the economy, many goods and assets undergo depreciation day in day out. Depreciation may be due to use or as age of the assets increase. Investments are made to cancel out such depreciations and other unanticipated costs that may come up in the process of economic operations. Depreciation is occasionally defined as the monetary value by which machineries and equipments become obsolete or wear out during the year. For stability of the economy, the level of investments should be kept greater than the level of depreciation (Scott, 1991, 45). The greater the investments above depreciation, the higher the potential output of the economy in future. Investments are not only made to bring efficiency and increase production in future, but also to serve as a security tool for the economy. This is because today’s economic arena is filled with many risks and uncertainties, which if not well taken care of can devastate an economy. Market area is characterized by innovations in all fields of production including the nature and types of commodities, the level of technology, international standards and requirements and change in customers’ tastes and preferences. As a result, any economy which does not respond to these dynamics can easily be overhauled. However, for economies with sound investments, any challenge that comes by the way can easily be countered. Resources used from investment must therefore come from postponement of today’s decision to consume to the future as illustrated below (Moore, 1998, 43). Consumption Investments 0 C B The diagram describes that economies with high rates of consumption in the current period, will have little investments for the future. This is shown by PPF CC and. An economy that restricts consumption today will have an expanded ability to produce in the future and therefore will be able to move to a higher consumption point (A), operating at PPF BB. This means that investments are determined by the rate of savings of an economy (Rostow, 1960, 10). The analysis depicts that savings should be high for growth in gross domestic product to be achieved. Prosperous economies have ever subjected their citizens to compulsory savings through the government, because without savings, investments can not be realized. The government can do this through increased and enforced taxation (Scheers, 1999, 30). Currently, the mostly pronounced engines for economic growth are innovation and entrepreneurship. The notion that these two aspects can spur economic growth is based on several research works from both developed and developing economies around the world. National priorities have of late encompassed entrepreneurship, innovation and knowledge at firm, regional, national and international levels. Attention towards these variables has been driven by the complexity of the change process and the multilevel and multivariable nature of the world economic competition. In the theory of entrepreneurship, entrepreneurs are seen as economic agents who may either operate within or outside firms but pay attention to economic happenings at all levels. These agents consistently seek for information from different economic settings, apply the spillovers of that knowledge and ultimately create innovative results through creation of new firms and enterprises. Entrepreneurial capital is determined by the degree of the presence of economic systems and entrepreneurial activities. Entrepreneurial capital serves as an important component for economic growth to be actualized. Apart from human capital, financial capital and knowledge capital, entrepreneurial capital has been proved to play greater role compared to knowledge capital (Mclindon, 1996, 51). Innovation refers to the process of creative thinking after which new techniques, products, formulations, markets, designs and ideas are brought forth into an economy. It is this process that takes place before entrepreneurship, because it is carried out by entrepreneurs. Innovators act as watch dogs for the economy. An economy undergoes consecutive reformations because it is influenced by national, regional and interregional factors. It is therefore advisable for any economy to make close observations of what new is coming up in the economy. For economic growth to be sound, ignorance of the outside reforms lags the economy behind. Entrepreneurs enable the economy to realize and respond to new products in the market. Goods and services are undergoing improvements in the way they are packaged, manufactured, blended, distributed and labeled. This slow response to the above aspects may render an economy of a country uncompetitive. Innovation still can call up the economy in times of technological progression in the production channel (North, 1996, 21). Currently, the world is talking about developed economies and developing economies, of which the big difference is the level of response to technology of the concerned economies. Production of commodities has to be as efficient and effective as possible to minimize costs and time. The western world is using high technologies in production and trading activities that have not yet been realized by the rest of the world, or even if the third world has recognized them, they may not have the capability to implement them. As a result, their economies are propelled forward to extremes that the rest of the world runs after with a lot of limitations. Therefore, the ability to realize arising opportunities and utilize them immediately and efficiently has propelled these economies to far ends. It is true saying that economies without entrepreneurs, innovators and discoverers are being exploited by such individuals from developed world. After considering this kind of analysis, it will be significant to state that economic growth is directly related to the level of innovation and entrepreneurship in a nation (Osterfeld, 1992, 14).