Today, Congressman Sanford D. Bishop Jr. (GA-02) attended and spoke to students at Lee County Middle School during their GCEE Capital Hill Stock Market Challenge regarding the importance of education and economics.
"In the last century, we were able to lead a technological revolution because our nation's leaders, thinkers, inventors, investors, and entrepreneurs got a great education and had the desire to make America and our world a better place," said Congressman Bishop. "I truly believe that our nation's greatest days lie ahead, and through sound future investments in our business sector and financial markets, the knowledge learned through the GCEE Capitol Hill Stock Market Challenge will help our entire economy grow and prosper!"
The Georgia Council on Economic Education brings the Stock Market Game to elementary through high school students across Georgia. Each spring and fall semester for ten weeks, students play by starting off with a hypothetical portfolio of $100,000 and researching publicly-traded companies on the Internet, reading business publications, and crunching the numbers to select stocks. The team from each school district or geographic region (in the case of independent schools) with the highest portfolio value at the end of ten weeks wins.
The Stock Market Game offers a tool to Georgia teachers for helping students develop a solid understanding of how private enterprise works. Education about economics is not just about financial literacy, but also about the larger economic forces that affect everyone's financial circumstance.