America has faced many challenges throughout its history. Examples of challenges America faces include economic and social problems. Of course, all countries face challenges, however; America has learned from past experiences and has soured and prospered by making a substantial recovery. The American dream is reachable and alive and well for those who choose to excel and reach every American goal- The American Dream. James Truslow, the historian and the inventor of the American Dream defines the American Dream as “’ a dream of social order in which each man and each woman shall be able to attain to their fullest stature of which they are innately capable.’” (Indian River Reader 68)
Many Americans believe that the American dream is far from reach and unattainable. The main reason that individuals have this perspective is due to the global recession that occurred in 2007-09. American citizens believed that America is not able to regain control economically. Many people assume the recession created a downfall that decreased many chances for Americans to achieve The American Dream. Since the recession, America has improved financially by 2.1 percent and each month has added new professions to the job …show more content…
The growth in the technology industry has resulted in a growth economically. W. Michael Cox and Richard Alm state, “In technology industries, bonuses and stock options are becoming more common. Higher rates of return on investment-----with, for example, a stock-market boom will create a windfall for households with money riding on financial markets.” (By Our Own Bootstraps 64) Technology has become a huge part of society and has allowed society to continue to invest and keep money flowing. Because America is very industrialized, technology has become a significant part of America and allows us to create associations to assist Americans to excel in an industrialized
Many Americans believe that the American dream is far from reach and unattainable. The main reason that individuals have this perspective is due to the global recession that occurred in 2007-09. American citizens believed that America is not able to regain control economically. Many people assume the recession created a downfall that decreased many chances for Americans to achieve The American Dream. Since the recession, America has improved financially by 2.1 percent and each month has added new professions to the job …show more content…
The growth in the technology industry has resulted in a growth economically. W. Michael Cox and Richard Alm state, “In technology industries, bonuses and stock options are becoming more common. Higher rates of return on investment-----with, for example, a stock-market boom will create a windfall for households with money riding on financial markets.” (By Our Own Bootstraps 64) Technology has become a huge part of society and has allowed society to continue to invest and keep money flowing. Because America is very industrialized, technology has become a significant part of America and allows us to create associations to assist Americans to excel in an industrialized