yaf logo
yaf logo

 

 

Why did the United States become the most economically prosperous nation in the world?

Answer: capitalism and free enterprise.

It was American entrepreneurs who were responsible for the successes of the railroad, the light bulb, the typewriter, the automobile, and the telephone. These inventions lit the world on fire and produced economic prosperity across the globe.

That’s not to say socialism wasn’t tried. The federal government attempted to run the telegraph industry, and, predictably, it failed abysmally. After the private sector took over the telegraph industry, it became successful and profitable.

America rejected socialism and the failures it produced. Instead, America embraced capitalism, and it has led us to prosperity!

Watch Now

Get Involved

Become a Member

Chapters

Events & Conferences

Host a Speaker

Campus Activism

Programs

Center for Entrepreneurship

National Journalism Center

Reagan Ranch

Reagan Boyhood Home

Campus Lectures & Activism

Defending Student Rights

Middle School Programs

News & Media

All Media

Articles

Podcasts

Videos

The New Guard

About

About Us

Staff Members

Our Boards

Careers

Get Involved

Become a Member

Chapters

Events & Conferences

Host a Speaker

Campus Activism

Programs

Center for Entrepreneurship

National Journalism Center

Reagan Ranch

Reagan Boyhood Home

Campus Lectures & Activism

Defending Student Rights

Middle School Programs

News & Issues

All Media

Articles

Podcasts

Videos

The New Guard

About

About Us

Staff Members

Our Boards

Careers