Economic literacy and entrepreneurial skills among upper secondary students in selected schools of Kedah, Malaysia

Kayode , Bakare Kazeem

Abstract

A lack of economic literacy skills can limit students' entrepreneurial agility, hindering their ability to address current and future economic challenges. This study examines the economic literacy and entrepreneurial potential among upper secondary students in nine selected schools in Sik District, Kedah, Malaysia. Using a cross-sectional design and quantitative approach, data were collected from a sample of students via a self-developed questionnaire. Results reveal low economic literacy levels among students, with demographic factors, such as parents' occupations and family income, significantly influencing economic understanding and entrepreneurial aspirations. Students from lower socioeconomic backgrounds display lower economic literacy and entrepreneurial potential. Findings suggest a connection between social status and students' readiness for self-reliance and job creation in rural areas. The study recommends targeted interventions, including training and workshops, to enhance students' knowledge of economic principles, creativity, resilience, and risk-taking skills. Keywords: Economic literacy; Entrepreneurial; Entrepreneurship

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