Term of the Day: American Dream

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	INVESTOPEDIA Term Of The Day July 4, 2015 American Dream 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 where upward mobility is possible for everyone. The American dream is achieved through sacrifice, risk-taking and hard work, not by chance. Both native-born Americans and American immigrants pursue and can achieve the American dream. In contrast to other political and economic systems, such as communist dictatorships, America's free-enterprise system makes possible the circumstances that allow individuals to go beyond meeting their basic needs to achieve self-actualization and personal fulfillment. Investopedia Explains: The tenets of the American dream can be found in the Declaration of Independence, which states... Read More Related to "American Dream" Deleveraging: What It Means To Corporate America Deleveraging is a term that comes into vogue following major economic meltdowns. What does it mean? What are its... Read More Redefining The American Dream According to a report by the Pew Research Center, the net worth of U.S. households headed by an individual 34 or under was... Read More The 5% Solution To Financial Freedom Conventional wisdom says "save 10% of your income to achieve financial security". This little piece of advice has become conventional... Read More Recently Added Definitions Corridor Deductible Expenses that are paid by the insured in excess of an insurance policy's coverage limit, but below the threshold at which... Read More Never Pay Strategy A colloquial term used to describe an individual who opens a credit card account, makes purchases on the card... Read More Related Definitions American Rule American Recovery And Reinvestment Act American Clean Energy And Security Act Of 2009 American Academy Of Financial Management - AAFM American Opportunity Tax Credit Past Terms of the Day Multicurrency Note Facility National Currency Treasury Yield Grexit Bund You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: