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Foundation for Free Enterprise Education - Pennsylvania Free Enterprise Week (PFEW)

The Foundation for Free Enterprise Education serves the greater Latrobe community statewide. The Foundation for Free Enterprise Education annually presents PFEW, which is sponsored and taught by the Pennsylvania business community. PFEW is an internationally acclaimed economic education program endorsed by the Pennsylvania Secretary of Education and supported by more than 600 area businesses and civic organizations. This unique, hands-on program teaches Pennsylvania's high school sophomores and juniors about economics, the principles behind the private enterprise system, and how a business operates. PFEW is a weeklong summer program and students have a choice of one of four weeks to attend. In 2003, the first session will begin on July 6th, and the last session will conclude on August 9th. PFEW is held at Lycoming College in Williamsport, PA - giving 10th and 11th grade students their first taste of college life. The program is designed to give participants first-hand experience with free market economics and help them understand how the economy affects them, irrespective of the career path they may choose. The participants become a member of a simulated management team that takes over a company that has been performing poorly. The object is to turn the company around and make it a solvent, profitable business. A customized computer simulation allows each "company" to determine, through 12 business quarters, all the decisions that managing a business typically demands, among them selling price, marketing costs, and research and development. Surrounding the business simulation are world-class speakers, seminars and discussions that cover such topics as the future of our economic system, business ethics, money and banking, and much more! All PFEW participants will receive a $350 scholarship from a business or civic organization in their community, which covers the cost of materials, room and board and all other expenses associated with program participation. Local businesses that would like to help their communities by helping young people prepare for a career in their own "backyards", and any high schools interested in sending students to this exciting program may contact Pennsylvania Free Enterprise Week. More information and student applications are available online. Free program presentations can be made upon request.
Foundation for Free Enterprise Education - Pennsylvania Free Enterprise Week (PFEW)
2545 W 26th Street
Erie, PA  16506

(814) 833-9576
(814) 833-9850 fax
       Melody Horgan

Celebrating the 25th year of our summer business education program - PFEW 2003 dates for four individual one-week sessions are from July 5 - August 9. Students select which week thay would like to attend.
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