Question

Why has the number of students studying entrepreneurship increased so dramatically since the early 1970s?

a. More students wanted to buy this book and take this professor's course.
b. The economy has been bad, so no other jobs have been available.
c. Marketplace desires change quickly.
d. More small businesses are being formed and the cost of mistakes is higher.

Answer 1

The number of students studying entrepreneurship has increased since the early 1970s due to a volatile economy, a cultural shift towards valuing self-employment, and the development of more entrepreneurship programs and resources in colleges and universities.

Step-by-step explanation:

The number of students studying entrepreneurship has increased dramatically since the early 1970s due to several factors:

1. The economy has become more volatile, with more job insecurity and fewer traditional employment opportunities. As a result, students see entrepreneurship as a way to create their own job security and financial independence.
2. There has been a cultural shift towards valuing innovation and self-employment. The rise of successful entrepreneurs like Steve Jobs and Mark Zuckerberg has inspired many students to pursue their own entrepreneurial ventures.
3. Colleges and universities have recognized the importance of entrepreneurship and have developed more programs, courses, and resources to support aspiring entrepreneurs. This has made entrepreneurship more accessible and appealing to students.

These factors combined have led to an increase in the number of students studying entrepreneurship and starting their own businesses.