Transcript for:
Exploring the Concept of the American Dream

today we will talk about the American dream the American dream is the belief that anyone regardless of where they were born or what class they were born into can attain their own version of success in a society in which upward Mobility is possible for everyone It is believed to be achieved through sacrifice risk-taking and hard work rather than by Chance the term was coined by writer and historian James trusso at ads in his best-selling 1931 book epic of America in his book Adams described it as a dream of a land in which life should be better and richer for everyone with opportunity for each according to Ability or achievement the belief in the American dream has deep roots in the Declaration of Independence which espouses the idea that everyone has the right to life liberty and the pursuit of happiness achieving the American dream requires political and economic Freedom as well as rules of Law and private property rights it promises freedom and equality allowing individuals to make choices that can lead to success and to live life according to their values the idea has been popularized through books and stories where individuals Rise To Success Through hard work and determination the American dream has faced criticism throughout history as it has not always been attainable for all Americans income inequality and and other societal challenges have made the American dream seem less attainable for many who aren't already affluent however the concept of the American dream remains an ideal and a beacon to All Nations home ownership starting a business Education and healthc Care are often cited as measures of achieving the American dream for example the home ownership rate has steadily increased over time reflecting the Fulfillment of the American dream for many entrepreneurs have also played a significant role in the economy creating jobs and opportunities for others the American dream has been aided by various factors that have given the United States a competitive advantage over other countries including its geographical isolation diverse population and abundant natural resources the concept of the American dream has influenced countries around the world the term American dream was often used by Progressive Era reformers of the 1900s rather than exalting the pursuit of wealth they sought to tame Monopoly capitalism and protect workers and communities from robber barons examples of the American dream include owning your own house starting a family and having a stable job or owning your own business the achievability of the American dream is a topic of debate as rising costs and economic challenges have made it harder to attain many people struggle to keep up with housing costs Education Health Care and saving for retirement which can lead to highin debt Dr Martin Luther King Jr's famous speech referenced the concept of the American dream emphasizing the ideals of equality and opportunity for all he envisioned a future where all individuals are treated equally over time the American dream has evolved from an ethos of equality to one of individualistic competition for material success the definition of the American dream has shifted across generations and different interpretations have emerged the concept of the American dream is deeply ingrained in American society influencing the economy through entrepreneurship and ambition despite changes in its definition the American dream remains an integral part of American culture and identity here are four key takeaways one the term American dream was coined in a best-selling book in 1931 titled epic of America James trusso Adams described it as that dream of a land in which life should be better and richer for everyone with opportunity for each according to Ability or achievement two the American dream was aided by a number of factors that gave the United States a competitive advantage over other countries three home ownership and education are often seen as paths to achieving the American dream for though the definition of the American dream has changed to mean different things to different Generations it's undoubtedly part of the American ethos and likely always will be hope this would help thanks for watching