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Statement on Senate Joint Resolution No. 30 - Assembly Commerce and Economic Development Committee (2021)

Summary

Statement dated December 6, 2021 on Senate Joint Resolution Bill No. 30, in which the Assembly Commerce and Economic Development Committee reports the resolution favorably. The Joint Resolution designates the second week of June of each year as "Kids Entrepreneurship Awareness Week". The statement defines entrepreneurship as the capacity and willingness to develop, organize, and manage a business venture, along with any of its risks, in order to make a profit, and says entrepreneurship holds great potential in establishing an individual's pathway to wealth and prosperity, particularly for people in low-income communities. The resolution is identical to Assembly Joint Resolution Bill No. 136.

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“Statement on Senate Joint Resolution No. 30 - Assembly Commerce and Economic Development Committee (2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-12-06-ace-sjr30-s2-eb7c50cf0a/, SHA-256 a45d20d1005523e7676b1ae42eb65063fe67dd48205302091f9ab4f205a17bbb.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                         STATEMENT TO

       SENATE JOINT RESOLUTION No. 30

       STATE OF NEW JERSEY
                        DATED: DECEMBER 6, 2021

           The Assembly Commerce and Economic Development Committee
      reports favorably Senate Joint Resolution Bill No. 30.
           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 Assembly
      Joint Resolution Bill No. 136, which was also reported by the
      committee on this date.


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