How entrepreneurship helps in harnessing youth vigour?
GeneralClass 11CBSEAnswered 23 Jun 2026
Answer
- Unemployment is growing all over the world. In India out of its 58 percent work force, 43 percent is unemployed. This accounts for nearly 25 million educated youth who are unemployed. In the absence of unemployment opportunities, youth often get engaged in anti social activities and at the same time the nation also don’t get to utilise the most productive source creatively. Excessive dependence on wage or salary cannot be relied as a solution to tap this productive resource. Entrepreneurship is required to harness such productive and energetic youth power. Since entrepreneurship pursuits require extra vigour for its challenging and innovative nature, this extra vigour is abundantly available in the educated youth. Entrepreneurial opportunities are limitless. They develop the youth by developing in them self confidence and an attitude for problem solving rather problem generating.
Suggested Q&A
General · Class 11- GeneralClass 11Is the concept of entrepreneurship confined to big business enterprises and economic institutions only?
- GeneralClass 11Mention three qualities of an entrepreneur as stated by Peter Drucker.
- GeneralClass 11How Adam Smith defined an entrepreneur?
- GeneralClass 11Name the economist known for the various theories on the principles of economics.
- GeneralClass 11Mention the importance of entrepreneurs in the following context. 6 Marks - Commercialising new ventures and products. - Offering challenging career options. - Reducing concentration of economic power.
- GeneralClass 11Differentiate between employment and entrepreneurship as career options.
- GeneralClass 11Making society enterprising is one of the important tasks of entrepreneurship. Explain.
- GeneralClass 11How can entrepreneurship make market more competitive?