Entrepreneurship has now become more relevant to students. Students who take the Entrepreneurship program are now more knowledge about the problem in the Philippines than other students who are not taking entrepreneurship program. For example, the rate of job-less people in the Philippines is pretty high, but now shrinking since more people is getting into businesses, which gives jobless people a chance to get a job. Entrepreneurship is an eye opener to the problem of the society we live in, since its not more relevant to students, this just shows that the growing amount of schools offering Entrepreneurship program is an indicator of people are getting into businesses.
The ratio of students who graduate as an employee and as an employer has pretty big gap in between, resulting to graduated students who cannot get a job immediately, that is why more schools are now offering entrepreneurship program to lessen the gap of students who graduated or still studying to become employee and the students who graduated or still studying to become employer. Entrepreneurship program aims to help country’s economic system and to solve the problem to our society thru business ways.
Entrepreneurship helps to lessen the rate of jobless people thru creating a business that will hire jobless people, this will result to a domino effect, for instance; more productive people will lead to much more productive company or business that will result to economic growth, since businesses pay big taxes that will give more money to government that will result to much better opportunities that awaits our government, we all know that for everything to function, we will be needing money and more money the government has, the more projects will come for the development of our country.
A lot of people is now interested in creating a business that will result to a family that owns a business will automatically expose their children to a big world where business is the priority, these children will be taught how to think and act like an entrepreneur, thus giving another opportunity for the society to have another business that will serve or manage their current business and will innovate their business even more and this could be a key for their children to become future ready and financially stable.
Entrepreneurship program has a lot of effect in one country, not just in economic side but also to its people who live there. This just not specifically mean to the Philippines, but also to other countries. Entrepreneurship gives people a positive and productive mind, giving them a positive appearance for present and future. Entrepreneurship will play a big part on one economy’s situation and problem.