The “American Business” Boy Scout merit badge is a skill-based award given to Boy Scouts by their counselors for demonstrating knowledge of business fundamentals. It was first introduced in 1925 as part of the Scouting program’s efforts to promote practical skills and good citizenship. The requirements include understanding the principles of economics, accounting, business ethics, and marketing, among others. The aim is to develop well-rounded individuals with a strong foundation in financial literacy and entrepreneurial spirit.