Are Younger Americans Losing Interest in Entrepreneurship?


Recent studies suggest that young Americans are less interested in entrepreneurship than their parents’ generation was 25 years ago. While no one really knows why, some data suggest declining risk tolerance could be part of the explanation.

Business ownership by young people has declined substantially over the past two decades. Data from the Federal Reserve’s Survey of Consumer Finances – an every three-year investigation of the financial state of U.S. households conducted on behalf of the monetary authority by the University of Chicago – shows that 10.

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