What Is the American Dream? How Is It Related to Social

question 53

Essay

What is the American Dream? How is it related to social inequality?

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Definitions:

Local Market

A market within a specific geographical area where goods and services are exchanged within the local community.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, largely driven by international trade and investment and aided by information technology.

Economic Reforms

Government policies aimed at improving a country's economic efficiency by reducing restrictions, encouraging free-market conditions, and fostering competition.

Free Trade

Free trade is a policy framework in which governments do not discriminate against imports or interfere with exports, allowing goods and services to move freely between countries.