3.5 Assess how entrepreneurship may be a viable option to counteract
unemployment.
(2x2) (4)
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3
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How does entrepreneurship reduce unemployment? As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.
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1
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Venture capitalists can be significant for youths. ... Successful entrepreneurs can provide seed money to youths who have exceptional business ideas. They can hire like-minded youths into their own startup teams. Startup companies can help combat youth unemployment by seeking fresh blood for new positions.
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