Importance of Economic Empowerment to the Nation

Economic empowerment is very essential to the growth of every nation. This is because when a country empowers women and youth the economy of that nation grows.

Women and youths across the world have the potential to change their lives and their economic status as well as that of the countries they live in if only they could be empowered economically.

Many youths remain unemployed despite being educated and having the required skills which could enable them get better paying jobs.

Economic Empowernment

Importance of youth economic empowerment

1.       An empowered youth will have the life skills required to face life challenges that they may come across.

2.       Empowered youths will also be able to air their grievances in a mature and reasonable way

3.       Empowering youth will help them acquire the co business skills which are very essential when one wants to venture into business.

4.       Youths will not depend on the government to help them

5.       The number of youths engaging in crime will reduce

6.       They will be able to contribute on the development of the nation

7.       They will help the government on how to solve issues affecting the youths by providing suggestions on how to deal with them.

8.       They will be able to provide for their families social and economic needs

9.       They will not be misused by politicians just for mere tips

Advantages of empowering women economically

1)      When women are allowed to own property and earn from it, they will have more bargaining power back at home which will help in the reduction of their vulnerability to domestic violence and also HIV infection.

2)      When women who are farmers are able to get access to the resources they need they will be able to increase their production making it less likely that their families will go hungry or suffer from malnutrition.

3)      When women are allowed to participate in the labor force the economy will experience a great reduction in poverty level.

4)      When women have access to time saving technologies such as pedaled water pump, economic development will then definitely follow.

According to a research done by ICRW technology has helped women increase their productivity as well as launch income generating pursuits and entrepreneurial ventures.  These kinds of outcomes empower women to stronger leaders and to more effectively contribute financially to their families, communities and countries.

In order to achieve its goals of empowering youths and women in the country, the government has put in place various empowering programs for both women and the youth. These programs are geared at ensuring that women and the youth have a say in the day to day running of the country. They are also meant to ensure that women can stand up and defend themselves against domestic violence at the same time ensuring that their families have food security.

Up to this stage we can proudly say that as a country we are heading in the right direction of economic empowerment although we still have long way to go.