Journal of Political Sciences & Public Affairs
Open Access

Abstract

A Study on the Socio-economic Background of the Entrepreneurs of Industrial Estates in Southern Districts of Tamil Nadu

Selvaraj N

Industrialization in least developing countries requires more rapid social transformation than those required in the early stages of western industrialization. In order to obviate this difficulty the governments of the many developing countries have taken upon themselves the task of starting new industries, providing technical education including training, management personnel etc. Moreover, the Government provides incentives as well as infrastructure facilities. The socioeconomic and psychological factors of the entrepreneurs act as a base for personal factors that lead to entrepreneurial development and skill. The social factors related to the family and communities have a bearing on entrepreneurship. The economic factors act as a base for financial support to develop entrepreneurship. The psychological factors include the aspects of personality of an individual to develop entrepreneurship. This paper, the age, education, sex, social class, nature of family, marital status, family size, earning members per family, occupational background, material possession, monthly personal income, family income and family expenditure of the selected entrepreneurs are analyzed.