What are India’s achievements in sports and international competitions?
Capitalism:- Capitalism can be defined as an economic system based on private ownership of the means of production and the creation of goods and services for profit. It is characterized by competition free market and the accumulation of capital. Following points describe how capitalism encourage innRead more
Capitalism:-
Capitalism can be defined as an economic system based on private ownership of the means of production and the creation of goods and services for profit. It is characterized by competition free market and the accumulation of capital.
Following points describe how capitalism encourage innovative and competition :-
1. Innovative activity in capitalist economy is much more pervasive.
2. Innovative spreads more quickly than in non market economy.
3. Capitalist provides incentives to the innovators which helps in the development and improvement of different sectors.
4. Capitalism encourage competition as it forces other businesses to increase their efficiency, provide quality products at cheapest price.
5. Capitalism encourage business to keep their innovation under wraps or hidden so that other businesses can not take those innovations and use them for their own benefit or profit.
Conclusion:-
Capitalism encourage innovation and competition in both healthy and unhealthy manner.
Because of capitalism innovation increase in business field. Business enterprise either it is small or medium maximize their efficiency, produce quality products and offer them at lower price.
Business hide their innovation from other businesses, develop their management to increase productivity.Private businesses compete to provide consumers with goods and services that are better, faster, and cheaper.Provide a powerful incentive to work harderInnovate more,Produce things more efficiently is what capitalism seeks to.
India has made significant strides in various sports disciplines on the international stage, marking notable achievements across different competitions: 1. **Cricket**: India's cricket team has achieved immense success, winning multiple ICC Cricket World Cups (in 1983 and 2011) and consistently rankRead more
India has made significant strides in various sports disciplines on the international stage, marking notable achievements across different competitions:
1. **Cricket**: India’s cricket team has achieved immense success, winning multiple ICC Cricket World Cups (in 1983 and 2011) and consistently ranking among the top teams in Test and One-Day International formats.
2. **Badminton**: Indian badminton players like Saina Nehwal, PV Sindhu, and Kidambi Srikanth have excelled, winning medals at major events including the Olympic Games, World Championships, and Commonwealth Games.
3. **Chess**: India boasts a strong presence in chess, with Viswanathan Anand becoming a World Chess Champion multiple times and players like Koneru Humpy achieving success at the international level.
4. **Shooting**: Indian shooters have performed admirably in international competitions, winning medals at the Olympics, Commonwealth Games, Asian Games, and World Championships.
5. **Athletics**: Athletes like PT Usha, Milkha Singh, and Neeraj Chopra have brought glory to India in athletics, winning medals at the Asian Games, Commonwealth Games, and representing India at the Olympics.
6. **Hockey**: Historically, India has been dominant in field hockey, winning multiple Olympic gold medals, although recent achievements have been more sporadic.
These achievements highlight India’s growing prowess in various sports, driven by dedicated athletes, improved training facilities, and increased government support for sports development. Efforts continue to enhance infrastructure and grassroots programs to nurture future champions and further elevate India’s standing in global sports competitions.
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