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Statement on Senate Joint Resolution No. 22 — Assembly Commerce and Economic Development Committee

Summary

The Assembly Commerce and Economic Development Committee, in a statement to the Senate dated May 18, 2023, reports favorably Senate Joint Resolution No. 22. The Joint Resolution designates the second week of June of each year as Kids Entrepreneurship Awareness Week. The statement says entrepreneurship holds great potential in establishing an individual's pathway to wealth and prosperity, particularly for people in low-income communities. It calls it vital for New Jersey parents, teachers, and community leaders to work together to prepare the State's youth to be responsible, enterprising individuals. As reported, the bill is identical to Assembly Joint Resolution No. 51.

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“Statement on Senate Joint Resolution No. 22 — Assembly Commerce and Economic Development Committee.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-05-18-ace-sjr22-s2-8044b419d5/, SHA-256 a1abc0ad0eabc0b0023bb394d65eb0a01fff5db84fee3d2bfa4517c4dbf56583.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                         STATEMENT TO

       SENATE JOINT RESOLUTION No. 22

       STATE OF NEW JERSEY
                            DATED: MAY 18, 2023

          The Assembly Commerce and Economic Development Committee
      reports favorably Senate Joint Resolution No. 22.
          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 No. 51, which was also reported by the committee on
      this date.

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