The document discusses a case study of the Egibi family from Babylon in the 5th-6th century BC. It analyzes whether the family was entrepreneurial enough for the time, if they exhibited capitalistic tendencies, and the prevailing economic and institutional conditions. The family started with little and grew their businesses, acquiring wealth and private ownership, so they qualify as capitalistic. As their businesses expanded, they gained political and judicial influence. The political circumstances of Babylon at the time are assessed to incline more towards conservative ideals and capitalism. No other similar historical business ventures by individuals or families from that era are known to the author.

1. CASE STUDY BASED
ON EGIBI FAMILY
BHALIYA MEHULVITTHALBHAI (M22MS022)

2. 1.WAS EGIBI'S FAMILY ENTREPRENEURIAL ENOUGH IN
THE CURRENT PARALLELS OF ENTREPRENEURSHIP?
• Grasping From case study I think in first generation of egibi family starting from the
scratch they connect with different business man then earn money for their selves so I
this first generation may be consider as a Parallels of Entrepreneurship but after having
money in egibi family they just raise the capital and expand the business further.
• For current entrepreneurial system focus on the solving the major problem we face
during our life so egibi family is not completetly enough in the current parallels of
entrepreneurship.

3. 2. DOES THE FAMILY QUALIFY AS CAPITALISTIC
IN ITS OUTLOOK?
• Yes egibi family is qualify as a capitalistic due to marriage and dowry system they follow ,
acquire private ownership in different cities and business system they followed.
• They produce the wealth and divide into socio – economic class.

4. 3.WHAT WERE THE PREVAILING ECONOMIC &
INSTITUTIONAL CONDITIONS?
• Egibi family are become wealthy after expanding their business so their natural inclination
toward the political and judiciary power of the state.
• Another example we can take as a temple as a source of earing money , expanding
business so it is a medium for economic conditions.

5. 4. IF YOU HAVE TO USE THE VENN DIAGRAM FRAMEWORK OF
CONSERVATIVES, LIBERALS, & COMMUNISTS, WHERE DO YOU
PLACE THE POLITICAL CIRCUMSTANCES OF THOSE DAYS IN
BABYLONIA?
I represent by
the red line circle
for the baylonia I
think that they
more incline
toward the
conservative side
and equally about
capitalism and
political side

6. 5. HAVE YOU HEARD OF ANY SIMILAR HISTORICAL
BUSINESS VENTURE (AROUND THE 5TH & 6TH BC) BY
AN INDIVIDUAL OR A FAMILY?
• No I have not heard of any similar historical business venture.