7. Suggest TWO effective ways in which the government can provide support to small businesses to counteract the issue of youth unemployment.
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One effective way the government can support small businesses is through subsidizing wages for youth employees, which can make hiring younger individuals more financially feasible for these businesses. This incentive not only encourages the creation of more entry-level job opportunities but also helps young people gain valuable work experience, thus boosting their employability in the long run. Another approach is to establish mentorship programs that pair established business owners with young entrepreneurs. These programs can help youths understand the entrepreneurial landscape and cultivate their skills, fostering innovation and growth within the small business sector while addressing youth unemployment simultaneously.
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