THE THE AMERICAN DREAM?AMERICAN DREAM?

The term was first in 1931 used by James Truslow Adams in his book The Epic of America. He said: that the American Dream is "that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.”

HAS THE DREAM CHANGED?HAS THE DREAM CHANGED?

Some say that the American Dream has Some say that the American Dream has become the pursuit of material prosperity - become the pursuit of material prosperity - that people work more hours to get bigger that people work more hours to get bigger cars or fancier homes but have less time to cars or fancier homes but have less time to enjoy their prosperity. enjoy their prosperity.

Others say that the American Dream is Others say that the American Dream is beyond the grasp of the working poor who beyond the grasp of the working poor who must work two jobs to insure their family’s must work two jobs to insure their family’s survival. survival.

Yet others the American Dream should Yet others the American Dream should focus less on financial gain and more focus less on financial gain and more emphasis on living a simple, fulfilling life.emphasis on living a simple, fulfilling life.

SO WHAT IS ECONOMICS?SO WHAT IS ECONOMICS?

Economics is the study of how people Economics is the study of how people seek to satisfy their wants and needs seek to satisfy their wants and needs by making choices.by making choices.

We make choices every day, We make choices every day, especially choices involving money.especially choices involving money.

TWO WAYS TO MAKE TWO WAYS TO MAKE MONEY:MONEY:

SELL SOMETHINGSELL SOMETHING PROVIDE A SERVICEPROVIDE A SERVICE

FAMOUS ENTREPRENEURSFAMOUS ENTREPRENEURS

HENRY FORDHENRY FORD BILL GATESBILL GATES OPRAH WINFREYOPRAH WINFREY MARY KAY ASHMARY KAY ASH NOLAN BUSHNELL?NOLAN BUSHNELL?

SHE SAID:SHE SAID:

"When you reach an obstacle, turn it into an "When you reach an obstacle, turn it into an opportunity. You have the choice. You can opportunity. You have the choice. You can overcome and be a winner, or you can allow overcome and be a winner, or you can allow it to overcome you and be a loser. The it to overcome you and be a loser. The choice is yours and yours alone. Refuse to choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be failures refuse to travel. It is far better to be exhausted from success than to be rested exhausted from success than to be rested from failure."from failure."

- Mary Kay Ash, founder of Mary Kay - Mary Kay Ash, founder of Mary Kay CosmeticsCosmetics

HE SAID:HE SAID:

"Business opportunities are like buses, "Business opportunities are like buses, there's always another one coming.“there's always another one coming.“

- Richard Branson, founder of - Richard Branson, founder of

Virgin EnterprisesVirgin Enterprises

TALK TO CHUCK:TALK TO CHUCK:

It's as simple as that. A lot of people have It's as simple as that. A lot of people have ideas, but there are few who decide to do ideas, but there are few who decide to do something about them now. Not tomorrow. something about them now. Not tomorrow. Not next week. But today. The true Not next week. But today. The true entrepreneur is a doer, not a dreamer."entrepreneur is a doer, not a dreamer."

- Nolan Bushnell, founder of Atari and - Nolan Bushnell, founder of Atari and Chuck E. Cheese'sChuck E. Cheese's