Title:
Junior Achievement Marks 90 Years of Business
Education
Description: This is
a VOA Special English Economics Report.
See text below
Text:
In two thousand nine, Junior Achievement marked its
ninetieth anniversary of educating young people
about business and economics. The nonprofit
organization is the largest of its kind. Jack
Kosakowsky is executive vice president.
He says: "We are the oldest business and economic
education organization in the world. Were now
serving nine-point-two million young people around
the globe in one hundred twenty-three different
countries."
Programs begin in elementary school and continue
through middle and high school. The education is
based on the ideas of market-based economics and
entrepreneurship.
Junior Achievement began in nineteen nineteen in
Springfield, Massachusetts. Two business leaders,
Horace Moses and Theodore Vail, joined with Senator
Murray Crane of Massachusetts to start the group.
For more than fifty years, Junior Achievement
programs operated through clubs that met after
school. But in nineteen seventy-five, JA also began
to teach business skills during the school day.
Volunteers from the community teach about
businesses, how they are organized, and how products
are made and sold. The volunteers also teach about
the American and world economies and about industry
and trade.
The Junior Achievement Company Program teaches young
people how entrepreneurship works. They learn about
business by operating their own companies.
Students develop a product and sell shares in their
company. They use the money to buy the materials
they need to make their product, which they then
sell. Finally, they return the profits to the people
who bought shares in the company.
Chellsey Cruz joined a student-operated company two
years ago. The Higher Grounds Cafe in West Hills,
California, sells high quality coffee. She says her
experience has given her valuable training that will
help her for a lifetime.
Junior Achievement says three hundred eighty-five
thousand volunteers support its programs around the
world. In the United States alone, there are nearly
twenty-three thousand places that hold Junior
Achievement events.
Junior Achievement Incorporated and Junior
Achievement International combined their operations
in two thousand four. They formed Junior Achievement
Worldwide. Its headquarters are in Colorado Springs,
Colorado.
And that's the VOA Special English Economics Report.
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Hi. I
personally reviewed this video and found it appropriate for
the news section of English Global Group. This
is a Voice of America video which covers an interesting
topic in Special English. I would appreciate some feedback from both
students and teachers about this video. You can comment in
the window below using any of a number of different services
including Facebook, Yahoo, AOL, and Hotmail.
