question archive "Self-employment is the best method of solving the problem of growing unemployment in the country
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"Self-employment is the best method of solving the problem of growing unemployment in the country." Do you agree? Suggest a suitable strategy for the identification and development of entrepreneurs.
Answer:
self-employment is the most appropriate method of solving unemployment
Step-by-step explanation
The high levels of unemployment can be attributed to factors such as growing populations among people and limited openings in potential workplaces, and as a result, self-employment, with regards to being an entrepreneur, has been determined to be the most effective tool of solving the issue
Although recent data indicates that there are very few entrepreneurs in the market, most of them have proved to be successful, and the creation of ideas to feed the market has been effective
self-employment does help fill a gap in the market, and can also help resolve the issue of unemployment because people earn from it
The government needs to support such activities for the young people, through creation of policies that fund such initiatives
A suitable strategy for identifying entrepreneurs would be holding conferences and developing programs that seek to identify enthusiastic people, with ideas, and supporting such ideas through funding to see how they succeed in the market
Many young people have the skills and ideas , and are enthusiastic about it, but what they lack is a lack of support and funding for such initiatives