Chapter 6: The challenges of literacy among the poor
The nature of literacy and its underlying dimensions are explored. Patterns in literacy levels among the poor are examined. Implications of different aspects of literacy and different types of literacy for various aspects of successful venture creation are investigated. Five unique literacies are investigated – functional, financial, economic, business, and technological. Attention is devoted to understanding challenges faced by the poor when it comes to each of these literacies. Emphasis is placed on the abilities of low-income entrepreneurs to continually learn and adapt as a venture unfolds. Finally, we explore approaches to improving literacy levels among the poor.
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