Correlating Economic Responsibility In The Context Of Individuals’ Belief In The American Dream
DOI:
https://doi.org/10.58445/rars.1142Keywords:
Economic Responsibility, The American DreamAbstract
The American Dream is generally considered to be the ability to live a fulfilling life in America and to have financial freedom. Economic Responsibility is the ability of an individual to maintain and grow good financial standing. Previous research has been able to analyze how each one individually affects a particular population, but not how they impact each other. Because of this, The following research question was formed: To what extent does believing in the tenets of the American Dream affect an individual’s financial responsibility in the 21st century?
To assess the effect of Belief In The American Dream on Economic Responsibility, a correlational survey was conducted using Likert scales, the correlation of which was determined using a Pearson’s R Correlation Coefficient, which was then extended to correlate older and younger survey takers for each survey question. It was concluded that Belief In The American Dream does not play a significant role in Economic Responsibility, but age does play a role in some of the questions related to Economic Responsibility.
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