Statement on Joint Resolution No. 136 - Assembly Commerce and Economic Development Committee (December 6, 2021)
Summary
Assembly Commerce and Economic Development Committee statement to Assembly Joint Resolution No. 136, State of New Jersey, dated December 6, 2021. The committee reports favorably Assembly Joint Resolution Bill No. 136, which designates the second week of June of each year as "Kids Entrepreneurship Awareness Week". The statement says young people rarely receive information about business ownership as a career option, and that it is vital for New Jersey parents, teachers, and community leaders to work together to prepare the State's youth. As reported, the resolution is identical to Senate Joint Resolution Bill No. 30.
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“Statement on Joint Resolution No. 136 - Assembly Commerce and Economic Development Committee (December 6, 2021).”
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ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
COMMITTEE
STATEMENT TO
ASSEMBLY JOINT RESOLUTION No. 136
STATE OF NEW JERSEY
DATED: DECEMBER 6, 2021
The Assembly Commerce and Economic Development Committee
reports favorably Assembly Joint Resolution Bill No. 136.
This Joint Resolution designates the second week of June of each
year as “Kids Entrepreneurship Awareness Week.”
Entrepreneurship is the capacity and willingness to develop,
organize, and manage a business venture, along with any of its risks, in
order to make a profit. Through the power of ownership,
entrepreneurs are their own bosses, free to design jobs that are the
most fulfilling, flexible, and meaningful for them. Entrepreneurship
holds great potential in establishing an individual’s pathway to wealth
and prosperity, particularly for people in low income communities.
Despite the many benefits of entrepreneurship, young people rarely
receive any information about business ownership as a career option or
any formal education on how to achieve such a goal. Many experts
believe that the skills of entrepreneurship must be developed over time
through experience and instruction. Therefore, it is vital for New
Jersey parents, teachers, and community leaders to work together to
prepare the State’s youth to be responsible, enterprising individuals,
immersing them in real life learning environments where they can take
risks, manage the results, and learn from the outcome.
As reported by the committee, this bill is identical to Senate Joint
Resolution Bill No. 30, which was also reported by the committee on
this date.
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