Statement–Argument — Should young entrepreneurs be encouraged? Arguments: I) Yes; they help drive industrial development. II) Yes; they reduce pressure on salaried employment markets by creating jobs. Choose the strong argument(s).

Difficulty: Easy

Correct Answer: if both I and II are strong

Explanation:

Introduction / Context:Entrepreneurship policy often seeks growth and employment. Both arguments speak to these canonical objectives.

Given Data / Assumptions:

  • New firms introduce products, competition, and productivity gains.
  • Startups and SMEs generate net job creation over time.
  • Support can include credit, mentorship, and regulatory ease.

Concept / Approach:Argument I (industrial development) and II (job creation/less pressure on salaried jobs) are both directly policy-relevant. Hence both are strong.

Step-by-Step Solution:

I: Growth/productivity linkage → strong.II: Employment spillovers → strong.

Verification / Alternative check:Many programs (incubators, credit guarantees) are built precisely on these two rationales.

Why Other Options Are Wrong:Any single-argument choice underweights the other valid dimension.

Common Pitfalls:Ignoring that quality of entrepreneurship support matters for outcomes.

Final Answer:if both I and II are strong.

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