Final answer:
The American Dream has evolved from the opportunity for land in the 1400s to 1800s, to industrial success, and now to achieving success in an information society. Despite the challenges posed by the recession of 2008 and changing economic landscapes, the Dream continues to influence American society, culture, and aspirations.
Step-by-step explanation:
The American Dream during the period from the 1400s to the 1800s up through today has indeed undergone changes. Initially, it embodied the ideal of a new start in a land of opportunity, where hard work and perseverance could lead to a prosperous life, irrespective of a person’s starting conditions in society. With the settlement of America and its development into an agrarian society, the American Dream was also closely tied to the idea of acquiring land and building a livelihood from it.
As America shifted into an industrial society, the Dream transformed to include the possibility of upward social mobility and industrial success, as reflected in stories like Benjamin Franklin's “rags to riches” tale. With the transition further into an information society and service-based economy, the Dream has continued to evolve, now embracing high-quality education, technological advancements, and entrepreneurial success as avenues to personal prosperity and success.
However, the economic recession of 2008 posed significant challenges to the American Dream, leading to widespread unemployment and raising questions about the viability of the Dream in contemporary society. Despite recovery efforts and a decrease in unemployment rates, doubt remains as to whether the Dream is still attainable for all amidst the complexities of modern economic circumstances. Yet, the notion of the American Dream as a goal remains a motivating force for many, despite these concerns.