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OTE2601 ASSIGNMENT 01

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Surname : Skondo

Full Names : Nombulelo

Student Number : 50689258

Unique No : 733991

Assignment No : 01

Due Date : 05 May 2022



QUESTION 1
Entrepreneurship education empowers young people to see the world as full of
opportunities, to live the lives they dream to live, it is important to teach
entrepreneurship at school because this essential skill prepares them as young
people to see as well as seize opportunities around them. The skills which they will
gain are critical for the companies that they will join in the coming years as well as
for society in general


Entrepreneurship prepares students for uncertain future, they learn skills that can
help them to handle, and sometimes even welcome the changes happening in
technology, business and society in general, thy learn skills that include problem
solving, teamwork and empathy. Learners who have gone through an
entrepreneurship programme understand the world they live in and are able to
contribute to it in an informed way. The most important benefit is the ability to restore
creativity in expression and thought, and they learn to accept failure as part of the
growth process and realise that it is, potentially, the beginning of success.

, Students develop their creativity and collaboration skills. Entrepreneurship education
supports creativity, innovation and collaboration, these skills are highly valued and
will be used by students well beyond their middle school and high school years.
Learning about entrepreneurship is clearly highly desirable in preparing youth for the
world of work. It is more important that they have the opportunity to consider self-
employment as a legitimate career option – one which they may return to later in life
or whose skills may be usefully applied in the workplace.


Entrepreneurship education offers the youth new economic tools to change their
view of themselves. The use of new terminology, business plans and the experience
of generating income from their own ideas have an empowering and transformational
effect on many youths. It also helps the economy in a way that entrepreneurs create
job opportunities. In countries all over the world, small businesses, especially in the
informal sector, create more jobs than large companies.




Entrepreneurship can help create new stories to pass along to peers and family
about entrepreneurial success with legitimate businesses. They give a new
perspective on how to succeed in the mainstream economy, proving that there are
alternatives to the use of drugs and street crime. Teaching Entrepreneurship
encourages students to figure out their passions and how to be persistent when
pursuing their interest. Students also learn how to stick with a business idea
especially when times are hard

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