How do you write elaborate in a sentence? Elaborate each sentence by adding words, phrases, or clauses that answer some of the adverb questions: “How?” “When?” “Where?” “Why?” “To what degree?” “How often?” What does please elaborate mean? 1 : to expand something in detail would you care to elaborate on that statement. 2 : […]
Why should high school students learn about personal finance?
Why should high school students learn about personal finance? Financial literacy classes teach students the basics of money management: budgeting, saving, debt, investing, and giving. That knowledge lays a foundation for students to build strong money habits early on and avoid many of the mistakes that lead to lifelong money struggles. Do high schools teach […]
Why has the American dream changed over time?
Why has the American dream changed over time? Miguel Suro, a licensed attorney in Florida and a personal finance blogger, says the American Dream has changed in two main ways over time: it’s harder to achieve, and the goals are different. “The main culprit here seems to be technology and the round-the-clock work culture it […]
Why is financial education not taught in schools?
Why is financial education not taught in schools? Why isn’t personal finance taught in school and why don’t all students have access to personal finance coaches before they take out student loans? The answer is a mix of inertia in the system and a failure to recognize financial literacy as one of the core skills […]
Why do students need financial literacy?
Why do students need financial literacy? Financial education for college students gives them the ability to properly make important decisions based on their finances. Financial education for college students encourages family conversations, hands-on learning opportunities, and financial independence. Why is financial literacy important for teachers and students? Teachers’ own lack of financial literacy would inhibit […]
Why should financial literacy be taught in schools?
Why should financial literacy be taught in schools? One reason why we need to teach financial literacy in school is to ensure that every child has equitable access to a fundamental life skill that is related to the financial outcomes of their lives. Why is financial literacy important? Financial literacy is important because it equips […]
Why are you interested in working in Japan?
Why are you interested in working in Japan? People who work in Japan can add a lot of value to their CV through the acquisition of knowledge and skills that can enhance their careers significantly. Japanese business practices and business culture are well known globally and are often the subject of much interest, curiosity and […]
What is the relationship between scarcity and choice?
What is the relationship between scarcity and choice? Answer: Scarcity — The condition that exists when there are not enough resources to satisfy all the wants of individuals or society. Choices — The decisions individuals and society make about the use of scarce resources. Opportunity Costs — The next highest valued alternative that is given […]
What is an economic decision?
What is an economic decision? Economic decisions are those decisions in which people (or families or countries) have to choose what to do in a condition of scarcity. Scarcity occurs because people have unlimited wants but only have limited resources with which to fulfill these wants. Why is decision making important in economics? In reality, […]
How does choice affect the economy?
How does choice affect the economy? Economics is a social science that examines how people choose among the alternatives available to them. Every choice has an opportunity cost and opportunity costs affect the choices people make. The opportunity cost of any choice is the value of the best alternative that had to be forgone in […]