When young people get the idea to set up a lemonade stands or breathe life back into an old pair of Jordans, they aren’t just having fun, they’re embarking onto entrepreneurial life and flexing business skills. Learning business from a young age can set children up for future success.
Entrepreneurship sets the stage for children and teens to engage in several practices that are good for their development. One such practice, says the Association of American Universities, is speaking with adults regularly. Doing so leads to larger vocabularies for children. The study showed that the adults a child speaks to regularly greatly influence the depth of that child’s language and communication skills.
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