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For some Americans, the American Dream has become more like a vision. That's according to a recent Pew Research Center survey, in which more than 8,700 U.S. adults were asked to describe their views of the American Dream. "The American Dream is changing, according to small-business owners," Fara Howard, GoDaddy's chief marketing officer, told CNBC Make It at the time. Thirty-one percent said they'd already achieved the American Dream, and 36% said they were on the right path toward it. "These views are nearly identical to when the Center last asked this question in 2022," the Pew report noted.
Persons: , it's, Raj Chetty, Chetty, Michael Sandel, GoDaddy, Fara Howard, Gen Z, Ted Rossman, they'd Organizations: Pew Research Center, CNBC, Harvard University, Harvard's Kennedy School of Government, Harvard Locations: U.S, homeownership
The "American Dream" has long been equated with economic achievement and wealth. "The American Dream is changing, according to small-business owners," Fara Howard, GoDaddy's chief marketing officer, tells CNBC Make It. Small-business owners are often considered a litmus test for the American Dream, as some entrepreneurs see startups as an opportunity to climb the socioeconomic ladder. Despite new definitions of the American Dream, survey respondents said that lack of access to technology, education and affordable health care still stand as barriers. "American small-business owners are thinking beyond revenue and sales growth when they consider what the American Dream means to them," Howard said in a statement last week.
Persons: Fara Howard, Gen Z, Zers, Howard, Warren Buffett Organizations: CNBC Locations: homeownership
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