LITTLE ROCK, AR (KAIT) - A new program at Arkansas State University will help students learn more about the free enterprise system and the opportunity it can provide in their future endeavors, officials said Wednesday.
The Bradbury Family Foundation of Little Rock gave $300,000 for the creation of the Bradbury Free Enterprise Scholars Program. Under the program, six individuals will be selected as Bradbury Scholars and will receive a $2,000 scholarship, based on merit.
In order to be eligible, the students have to declare themselves for the Certificate of Free Enterprise program and completed two of the five main courses for the certificate.
According to a media release, the five courses are "Legal Environment of Business," "Entrepreneurship," "International Trade," "Government Regulation of Business," and "Capitalism and Free Enterprise."
While the program is based in the A-State College of Business, all students can participate, officials said.
Both university officials and the Bradbury family said Wednesday that the program will help students understand the economy.
"Students in the new class will be introduced to a wide range of readings on the origins of capitalism," A-State College of Business Dean Dr. Shane Hunt said. "They will be pushed to deepen their understanding of the role that commerce plays in modern society."
"My family and I are very pleased to be able to support Arkansas State's initiative in creating the Bradbury Free Enterprise Scholars Program," Curt Bradbury said in a statement. "We have been impressed with enthusiasm with which the faculty, staff, and administration have displayed in responding to our offer of support and the creativity they have brought to bear on the design of the program. We started down this path with Arkansas State because our country seems to be very divided at this point in its history with its citizens having extremely divergent views on whether our economic system has served us well or not."
In addition to the program, the university will also host a Free Enterprise Conference this summer for high school economics teachers to help high school students understand the free enterprise system.
Plans also include a Free Enterprise Conference, a summertime session at A-State for high school economics teachers from throughout Arkansas, to further advance the public's understanding of the importance of free enterprise.
Copyright 2017 KAIT. All rights reserved.