Entrepreneurship and the Empowerment of Marginalized Communities
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Entrepreneurship and the Empowerment of Marginalized Communities
Entrepreneurship has the potential to empower marginalized communities by providing them with the tools and resources to create their own businesses and generate income. Marginalized communities, including low-income individuals, women, people of color, and those living in rural areas, often face barriers to economic opportunity and have limited access to financial and social capital. Entrepreneurship can help overcome these barriers by providing a pathway to self-sufficiency and economic mobility.
One of the key benefits of entrepreneurship is that it allows individuals to create their own opportunities rather than relying on traditional employment. This is particularly important for marginalized communities who may face discrimination in the hiring process or lack the educational credentials required for many jobs. Entrepreneurship also provides flexibility in terms of working hours and location, which can be particularly valuable for individuals who face caregiving responsibilities or live in areas with limited job opportunities.
In addition to creating economic opportunity, entrepreneurship can also help to build social capital within marginalized communities. By starting their own businesses, individuals can create networks of customers, suppliers, and partners that can provide support and resources for their ventures. This can lead to increased social cohesion and a greater sense of community empowerment.
However, there are also challenges associated with entrepreneurship in marginalized communities. One of the most significant barriers is access to capital. Many marginalized individuals lack the financial resources to start their own businesses and may also have limited access to traditional financing options such as loans or lines of credit. This can be particularly challenging for women and people of color, who often face discrimination in the financial industry.
To address this challenge, there has been a growing movement towards alternative forms of financing such as crowdfunding and community development financial institutions (CDFIs). These organizations provide capital to entrepreneurs who may not qualify for traditional loans and also offer technical assistance and mentoring to help ensure the success of their ventures.
Another challenge facing marginalized entrepreneurs is access to training and education. Many individuals lack the knowledge and skills required to start and run a successful business. This can be particularly challenging for individuals who have limited access to formal education or who come from cultures that do not prioritize entrepreneurship.
To address this challenge, there has been a growing movement towards entrepreneurship education programs that provide individuals with the skills and knowledge needed to start and grow a successful business. These programs can be tailored to the specific needs of marginalized communities and can provide individuals with the tools and resources they need to overcome barriers and achieve success.
Overall, entrepreneurship has the potential to empower marginalized communities by providing them with economic opportunity, social capital, and a pathway to self-sufficiency. However, to fully realize this potential, it is important to address the challenges associated with entrepreneurship in marginalized communities, including access to capital and education. By doing so, we can create a more inclusive and equitable economy that benefits all members of society.
Entrepreneurship and the Empowerment of Marginalized Communities
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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