International Journal of Academic Management Science Research (IJAMSR)
  Year: 2023 | Volume: 7 | Issue: 11 | Page No.: 72-77
Women Entrepreneurship and Socio-Economic Development in South East, Nigeria Download PDF
Dr. Anekwe Rita Ifeoma, Akaegbobi Grace, Dr Ndubuisi-Okolo Purity

Abstract:
Women entrepreneurs around the world are major contributors to the socio-economic, development and wealth creation as they are making a difference in the economy. However, they are reasonably unexploited as a source of entrepreneurship in both developing and developed countries. The study explores the effect of women entrepreneurship on socio-economic development in Nigeria. Descriptive survey design was employed. Structured questionnaire was used to gather information from the respondents. Data analysis involved both descriptive and inferential statistics and was done at 0.05 level of significant. Simple regressions were used to establish the effect seeks to investigate the effect of gender inequality on socioeconomic development. The result revealed that gender inequality has no significant effect on socioeconomic development. The study therefore concludes that gender inequality disempowers women in ways that deprive them of their basic human rights, which decreases the average of human capital, as talented females would be superseded by unqualified males which can lead to inefficient economy. The study advocated that higher gender equality enables firms to make better use of available labor resources, which boosts social economic development.