Final answer:
The statement is True. Millennials are indeed becoming the most entrepreneurial generation since the Industrial Revolution, thanks to technology advancements and a shift in work values.
Step-by-step explanation:
The statement that the generation of the twenty-first century may become known as generation E because it is becoming the most entrepreneurial generation since the Industrial Revolution is True. Millennials, also known as Gen Y, have shown a strong inclination towards entrepreneurship. This can be attributed to various factors such as technology advancements, access to resources, and a shift in work values.
Millennials grew up in an era of rapid technological advancements, including the rise of the internet and social media. These technologies have provided them with opportunities to start their own business ventures and reach a wide audience. They are more comfortable with taking risks and embracing innovation, which are important qualities for entrepreneurs. Moreover, the economic landscape during the time of Millennials has also played a role in their entrepreneurial spirit. Many Millennials faced a challenging job market after the recession, which led them to consider alternative paths such as starting their own businesses. Additionally, Millennials value autonomy, fulfillment, and work-life balance, which can be better achieved through entrepreneurship.