National Defense Act: This act was passed on June 3, 1916. The National Defense Act was a federal law that restructured the organization of the military, this also entailed the development of the Army and National Guard, along with the formation of an Officer's and an Enlisted Reserve Corps among others. Smith -- Hughes Act was an act passed by Congress...
National Defense Act: This act was passed on June 3, 1916. The National Defense Act was a federal law that restructured the organization of the military, this also entailed the development of the Army and National Guard, along with the formation of an Officer's and an Enlisted Reserve Corps among others. Smith -- Hughes Act was an act passed by Congress in which promotion of vocational agriculture was used to train people as well as provide federal funding for this purpose. It was passed in 1917.
George -- Deen Act: The George-Deen Act of 1936 delivered the initial federal aid to the states for vocational training of distributive workers and sales personnel that comprised of community pharmacists and their Employees. It was directed by the U.S. Office of Education, state boards for vocational education sponsored training programs upon the demand of local residents. VEND or VTWPW: These two acronyms stand for Vocational Education for National Defense and Vocational Training for War Production Workers. Vend is VTWPW's predecessor. They were started to develop the vocational training programs.
The date range was 1940-1945. Manpower Development & Training Act: The Manpower Development and Training Act was passed in 1962. The act's main purpose was to endeavor to train and retrain thousands of workers who were unemployed due to automation and technological change. Comprehensive Employment & Training Act was a federal law passed by the United States and Congress and signed into effect by President Nixon on December 28, 1973. The Act served to train provide and train workers with jobs related to/in public service. Vocational Education Act: The Carl D.
Perkins Vocational and Technical Education act of 1984 was initially approved by the federal government in 1984 and then reapproved in 1998. The main purpose for the act is to increase or improve the quality of technical education within America and provide help to the economy. "Success in the New Economy" by Brian Marsh was first and foremost, a very entertaining video. It had several animations that not only piqued my interest in continuing to watch the video, but also helped me understand and absorb the information discussed quickly.
For instance, the job market and its dissection using a pie chart was helpful in comprehending the past and future job market. Back then the percentages were: 20% demand for degree requirement jobs, 20% for skilled requirement jobs, and 60% for unskilled jobs. The future demand will be different with 33% requiring degrees, 57% requiring skilled training, and only 10% requiring no skill or training. On top of that Marsh made a strong introduction with his mention of his formal education costs. He spent $150,000 to get two Masters, two Bachelor's, and an on-going PHD.
His belief in formal education at first seemed like it would be worth the cost, but in reality, his video goes into how certain, most jobs require mainly skilled training which ends up being a 1 year certificate program or a 2-year Associates degree. What he's saying is, most of the people who have college degrees are overly qualified for the jobs they do acquire and have wasted money in getting higher level degrees.
He strengthens this statement by adding only 25% of people who attend college, out of the 66% that go to college right after High School, graduate, leading to no degrees and student loan debt. He discussed a 1:2:7 ratio where 7 is the high skilled trained technicians and how the demand for these kinds of workers far outweighs the demand for the more traditional advanced degree jobs. Marsh notes that outsourcing, shrinking markets, and technological advances have decreased, not increased demand for advanced degree jobs.
This convinced me that one must be smart when it comes to education. Going for something that is highly demanded vs. something that just looks good on paper leads to better job availability and potential income earning. The video was highly informative and easy to understand.
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