The Importance of Entrepreneurship in Creating Resilient 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
The Importance of Entrepreneurship in Creating Resilient Communities
Entrepreneurship is the process of creating or starting a new business venture in order to generate profit. It is a vital tool in creating resilient communities because it helps to build self-reliance, develop new economic opportunities, and improve the overall quality of life for residents. In this essay, we will explore the importance of entrepreneurship in creating resilient communities.
Firstly, entrepreneurship promotes self-reliance. When individuals start their own businesses, they are taking control of their own financial futures. They are no longer dependent on an employer for their livelihoods and are able to create their own jobs. This independence and self-reliance can help to build resilience in individuals and communities. When people are empowered to create their own opportunities, they are better equipped to weather economic downturns and other challenges.
In addition to promoting self-reliance, entrepreneurship also creates new economic opportunities. New businesses bring jobs and economic growth to communities. They often provide goods and services that were not previously available, which can improve the quality of life for residents. This can lead to a more diverse and robust economy, which is more resilient in the face of economic challenges. By creating new economic opportunities, entrepreneurship helps to ensure that communities are not dependent on a single industry or employer, which can be vulnerable to economic shifts.
Furthermore, entrepreneurship can help to improve the overall quality of life for residents. Small businesses often provide personalized service and unique products that can enhance the cultural and social fabric of a community. For example, a new coffee shop or restaurant can become a gathering place for locals, fostering a sense of community and belonging. This can lead to a more engaged and connected community, which is better equipped to respond to challenges and overcome adversity.
Moreover, entrepreneurship can also promote innovation and creativity. When individuals start their own businesses, they are often motivated by a desire to solve a problem or meet a need in their community. This can lead to the development of new products, services, and technologies that can benefit the community as a whole. This innovation can also lead to new industries and economic opportunities, which can further enhance the resilience of the community.
Another important aspect of entrepreneurship is that it can help to address social and environmental challenges. Social entrepreneurship, which focuses on creating businesses with a social or environmental mission, has become increasingly popular in recent years. These businesses often work to address issues such as poverty, hunger, or climate change, while also generating revenue and creating jobs. By addressing these challenges, entrepreneurship can help to build more resilient communities that are better equipped to face a range of challenges.
In conclusion, entrepreneurship is a crucial tool in creating resilient communities. It promotes self-reliance, creates new economic opportunities, improves the quality of life for residents, promotes innovation and creativity, and addresses social and environmental challenges. By encouraging and supporting entrepreneurship, communities can build resilience and become better equipped to face a range of challenges, including economic downturns, social and environmental challenges, and other forms of adversity.
The Importance of Entrepreneurship in Creating Resilient 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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