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Professional Business EducationMEDIUMVerified Curriculum6 min read

Accounting and Financing

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Chapter 1

Accounting and Financing

Course: Business Education Content Knowledge 5101
Subject: Business Education Content Knowledge5101
Chapter: Professional Business Education


Introduction to the Carl D. Perkins Act

The Carl D. Perkins Career and Technical Education Act is the primary federal legislation that governs and funds Career and Technical Education (CTE) programs across the United States. Enacted originally in 1984 and reauthorized several times—most recently as Perkins V in 2018—it aims to strengthen the connection between education and workforce needs by supporting programs in fields such as business, health sciences, technology, and agriculture.

Purpose of the Perkins Act

The main goals of the Perkins Act are to:

  • Improve the quality of CTE programs at both secondary and postsecondary levels.
  • Promote equity by expanding access to CTE for special populations.
  • Align CTE programs with current and emerging labor market demands.
  • Provide a skilled and credentialed workforce to support economic development.
  • Support academic achievement and technical skill development.

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