It isn't a story that job opportunities are scarce in some developing countries. Graduate strive to survive after there higher education. Taking Nigeria as an example, it is seen that unemployment rate keep increasing with time. Majority of our graduate strive for living by engaging in commercial transport like okada, tricycle etc. Introducing entrepreneur to people at early stage (in school) can help to reduce unemployment in the society. A cousin of mine that studied accountancy in school is now living his life on music he learnt through an entrepreneural scheme in his secondary school days. Entrepreneur teaches some skills which formal education may not likely teach. Some of these include:
1. PREPARE STUDENTS FOR AN UNCERTAIN FUTURE.👉We live in an age of unprecedented global and technological transformation. Today's students face an uncertain future full of complex global, social, and environmental issues.
👉According to the World Economic Forum's Future of Jobs survey, half of today's work activities could be automated by 2055, creating completely new roles, responsibilities, and challenges for the future workforce.
👉Therefore, we cannot predict exactly what our students will need to know after they graduate.
👉Entrepreneurship-focused programs teach students crucial life skills that will help them navigate this uncertain future.
👉These skills include problem-solving, teamwork, empathy, as well as learning to accept failure as a part of the growth process
2. LEAVE ROOM FOR CREATIVITY AND COLLABORATION.👉Entrepreneurship education encourages creativity, innovation, and collaboration.
👉These attributes are highly valued by the top colleges in the world and will serve your child well beyond middle school and high school.
3. TEACH PROBLEM IDENTIFICATION.👉Students need to learn how to identify problems before they learn how to solve them. Problem-solving has been taught in schools for decades — but the same cannot be said for problem identification.
👉Traditionally, problem-solving is taught by presenting students with issues that are already clearly defined by someone else.
👉In the real world, problems can only be solved when they have been properly identified and described. Entrepreneurship education teaches children to identify problems they have never encountered before — a skill that will be very useful in tomorrow’s world.
4. MAKE THE WORLD A BETTER PLACE.👉Entrepreneurs seek to solve problems, meet needs, and ease pain points with the help of their products and services. They are hard-wired to make a difference and make the world a better place.
👉By participating in entrepreneurship programs, students don’t just become ready to create their own futures — they become ready to change the world.
Reference: https://www.marlborough.org/news/~board/stem/post/five-benefits-of-entrepreneurship-education-to-students#:~:text=Entrepreneurship%20education%20encourages%20creativity%2C%20innovation,middle%20school%20and%20high%20school.
CONCLUSION: World economy can be made better if more job are created. Job creation can be made easy if individuals can creat job for themselves. During this job creation, he/she will still employ some people to his/her organization, therefore helping government to solve part of the problem caused by unemployment.