Free Enterprise System
The Free Enterprise System
How the American System has changed
Togar Johnson
The ‘American Dream’ has recently transformed into the American nightmare. More and More people are retiring broke and are looking for some type of financial assistance either from families, government, or continuing to work past retirement. Not every American has the skill set to run a successful business, but more often than not, most Americans do possess a skill set that can be used to create individual wealth which each citizen will have complete control over. Therefore, Americans should embrace the principles that this country was based on, which is free enterprise. In order to insure fiscal independence, Americans must consider an essential component to success in an ever changing and more competitive market by exploring entrepreneurship. Growing up, a majority of children are being taught the secret of being successful is to go to school, get a good education, and get a good job. Education is compulsory, or a mandatory requirement, for all children from the ages of five to six years old all the way up to the age of 18 years old plus in the United States. The age and length a child has to stay in school depends strictly on the state that particular child lives in. A student that is determined to continue advancing in will not only attend college, but also carry on straight into grad school. Education is more prevalent now than it ever was seeing of the 3.2 million youth age 16 to 24 who graduated from high school between January and October 2010, about 2.2 million (68.1 percent) were enrolled in college. (Bureau of Labor Statistics, 2010) That number will continue to rise simply because it is projected enrollment in the nation will hit 19.1 million which is up from 13.8 million 20 years ago. Even though our education system is valuable, there are so many challenges faces today’s youth and those participating in achieving a higher education. First of all, for the school
How the American System has changed
Togar Johnson
The ‘American Dream’ has recently transformed into the American nightmare. More and More people are retiring broke and are looking for some type of financial assistance either from families, government, or continuing to work past retirement. Not every American has the skill set to run a successful business, but more often than not, most Americans do possess a skill set that can be used to create individual wealth which each citizen will have complete control over. Therefore, Americans should embrace the principles that this country was based on, which is free enterprise. In order to insure fiscal independence, Americans must consider an essential component to success in an ever changing and more competitive market by exploring entrepreneurship. Growing up, a majority of children are being taught the secret of being successful is to go to school, get a good education, and get a good job. Education is compulsory, or a mandatory requirement, for all children from the ages of five to six years old all the way up to the age of 18 years old plus in the United States. The age and length a child has to stay in school depends strictly on the state that particular child lives in. A student that is determined to continue advancing in will not only attend college, but also carry on straight into grad school. Education is more prevalent now than it ever was seeing of the 3.2 million youth age 16 to 24 who graduated from high school between January and October 2010, about 2.2 million (68.1 percent) were enrolled in college. (Bureau of Labor Statistics, 2010) That number will continue to rise simply because it is projected enrollment in the nation will hit 19.1 million which is up from 13.8 million 20 years ago. Even though our education system is valuable, there are so many challenges faces today’s youth and those participating in achieving a higher education. First of all, for the school
References: Bureau of Labor Statistics. (2010). Retrieved from http://www.bls.gov/news.release/hsgec.htm Bureau of Labor Statistics CNNMoney.com (2011) Retrieved from http://money.cnn.com/2010/10/28/pf/college/college_tuition/index.htm?iid=EAL College Board Coy, P. (2008). The Lost Generation. Retrieved from http://www.businessweek.com/magazine/content/09_42/b4151032038302.htm Free enterprise Fairlie et al. (2008). Retrieved from http://www.sba.gov/advo/research/rs334tot.pdf Hawthorne, F Statistics. (2009). Retrieved from http://nces.ed.gov/fastfacts/display.asp?id=76 Pate, V When_we_were_told_that_by_freedom_we. (n.d.). Columbia World of Quotations. Retrieved August 10, 2010, from Dictionary.com website: http://quotes.dictionary.com/When_we_were_told_that_by_freedom_we Yager, D