Americans are losing as much as $40 billion a year to investment fraud. In the recent past, 30.2 million—13.5 percent of consumers—fell victim to fraud in one year. Investment fraud occurs when people are persuaded to invest in fraudulent stocks or bonds and consequently lose their money. The elderly especially are targeted for investment fraud
World hunger. These two little words encompass one huge problem: people do not have enough to eat. And this problem kills. According to the World Food Program, hunger kills more people than AIDS, malaria and tuberculosis combined. World hunger is a widely recognized problem and many intelligent and generous people are working toward a solution.
From the time we are young, we are lectured to become leaders in school and extracurricular activities. Parents, teachers, advisors, coaches and other adults encourage us to seek leadership experience, to learn to become leaders. Colleges and universities want to see leadership on applications and employers want to see leadership on resumes. They tell us:
Since its founding, the United States has been seen as the land of potential greater economic equality. The American Dream promotes the idea that any person, regardless of race, class, or any other social barrier, can find success. In the U.S., the assumptions have been that: one, there is equal opportunity and two, as long
In economics, individuals or entities act based on the hope that the benefits of their actions will outweigh the costs. The economic value of an action is measured by the benefit it provides. A current hot topic in news media is the potential agreement between the United States and Iran. Economically speaking, what would the
Money makes the world go ’round. And because so much of what we all do revolves around money — making it, spending it, saving it and investing it — understanding how money works and being financially literate is important. Financial literacy describes an individual’s ability to understand how to manage money. It measures how an
Going back a century, there existed a great inequality between the sexes with women not allowed in many professions and voting rights only held by men. Today much of this inequality must still be addressed in the world, but in the U.S. great strides have been made. During World War II, around 16 million Americans,
In economics, individuals act based on the idea that the benefits of their actions will outweigh the costs. An individual will forgo one option for another and the benefits he or she could have received are called the opportunity costs. A prime example of this can be seen in students’ decisions to pursue higher education.
Well-informed citizens are important for the preservation of democracy. So much so, the Founding Fathers protected the press in the First Amendment. Since even before the foundation of the United States, people have been using the press, media, and journalism to inform and influence others. Journalism has seen many changes since then. One change involves