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by pm90
4548 days ago
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Well, who doesn't want immediate returns? The difference is that western societies have developed the concept of long term investment better than Indian one (IMO). It first started out with the Trade Companies (East India Company etc.) and has developed for over 400 years now (EIC was established in 1600). Actually, the concept of using other people's money to make a profitable business might have started even earlier, but that is all that Im personally aware of. |
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