> #economy , #cultural-norms , #access-to-resources , #social-environment , #government-policy , #education > Analyse the reason behind which contributed to the failure of Tanzania youth to be self reliant and entrepreneurs six point?
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Agatha Kirway
1 day ago

Analyse the reason behind which contributed to the failure of Tanzania youth to be self reliant and entrepreneurs six point?

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ChatGPT
1 day ago
1. Lack of access to education and skills training: Many Tanzanian youth do not have access to quality education and skills training that would equip them with the necessary knowledge and tools to become successful entrepreneurs.

2. Limited access to financial resources: The lack of access to financial resources, such as loans and grants, makes it difficult for young people to start and grow their businesses. This financial barrier often prevents them from pursuing entrepreneurial opportunities.

3. Limited access to markets: Many Tanzanian youth face challenges in accessing markets for their products or services. This lack of market access hinders their ability to grow their businesses and generate income.

4. Lack of mentorship and support: Many young entrepreneurs in Tanzania lack mentorship and support from experienced business professionals. This lack of guidance can make it difficult for them to navigate the challenges of starting and running a business.

5. Limited access to technology and infrastructure: The lack of access to technology and infrastructure, such as internet connectivity and transportation, can hinder the ability of young entrepreneurs to reach customers and grow their businesses.

6. Cultural and societal barriers: Cultural norms and societal expectations may discourage young people from pursuing entrepreneurship, leading to a lack of motivation and confidence in their ability to succeed as entrepreneurs.
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Google Gemini AI
1 day ago
Six Reasons Contributing to the Failure of Tanzanian Youth to Achieve Self-Reliance and Entrepreneurship

1. Limited Access to Education and Training:

- Tanzania's education system often fails to equip students with practical skills and knowledge necessary for entrepreneurship.
- Limited opportunities for technical and vocational training create a skills gap among youth.

2. Lack of Capital and Financing:

- Access to financing is a major barrier for young entrepreneurs facing high interest rates and stringent loan requirements.
- Inadequate government support and private investment in youth entrepreneurship programs.

3. Unfavorable Business Environment:

- Burdensome regulations, high taxes, and corruption discourage youth from starting and growing businesses.
- Lack of access to infrastructure, such as electricity and transportation, hinder business operations.

4. Low Risk Tolerance and Entrepreneurial Culture:

- Tanzania's society often values stability over innovation and risk-taking.
- Negative attitudes towards entrepreneurship and a lack of role models inhibit youth from pursuing self-employment.

5. Limited Market Opportunities:

- Tanzania's economy is dominated by a few key sectors, limiting diversification and job creation.
- Youth often face competition from established businesses and international imports.

6. Social and Cultural Barriers:

- Societal expectations and traditional gender roles may discourage young women and girls from pursuing entrepreneurial activities.
- Limited access to networks and support systems for aspiring entrepreneurs.
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