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The social return that can be gained from the Al Radda program investment
The Al Radda program focuses on improving the welfare of prisoners and former prisoners by equipping them with valuable skills and resources that help them to engage in different economic activities. This program is valuable because it helps former prisoners who have been convicted of various offenses to engage in viable entrepreneurship activities to enable them to earn a living. More importantly, the main social return that is likely to be realized from this investment is a reduction in crime rates across the country. Since the program empowers prisoners and former convicts to engage in various economic activities, they will be discouraged from engaging in different types of criminal activities for a material benefit (Hassan 2). Therefore, the success of this program should be measured by studying and analyzing crime patterns across the country to find out if they are linked to economic problems.
Social entrepreneurship as manifested in the Khalifa funds programs vs. commercial entrepreneurship
Social entrepreneurship is similar to commercial entrepreneurship because it allows people to utilize their skills to make positive social and economic contributions to their societies. Also, both forms of entrepreneurship focus on solving specific social and economic problems that hinder people from achieving their development targets. The main difference between the two is that social entrepreneurship empowers disadvantaged people by equipping them with skills and resources to help them overcome different problems they are facing (Hassan 2). As a result, this helps such people to engage in social and economic activities in their communities to help them become financially independent. On the other hand, commercial entrepreneurship occurs when a person invests capital into a particular venture to gain positive returns from his efforts in the long run.
Works Cited
Hassan, Kamal. “Beyond Capital: How Khalifa Fund Enables Economic and Social Change through Entrepreneurship.” Innovation 360 2010: 1-4. Print.
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