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ABSTRACT. This paper presents an historical narrative about the role business and entrepreneurship has played in global development. It starts off with some of the key legacies of the 19th century and describes events through the 20th century in chronological order up until the first decade of this millennium. The paper concludes by peering into the future through the extrapolation of events that have taken place. pp. 44–98

Keywords: economics, economic history, entrepreneurship, opportunity, technology,
China, United States

MURRAY HUNTER
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University Malaysia Perlis

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