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Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodExpertLevel 4

What is the deeper importance of financial literacy in livelihood?

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Answer and explanation

Correct answer: It makes income expense saving credit and risk decisions wiser

Financial literacy helps protect from economic shocks. In exams remember budgeting and saving.

Tags

financial-literacybudgetingsaving

Frequently asked questions

What is the correct answer to this question?

It makes income expense saving credit and risk decisions wiser

Why is this the correct answer?

Financial literacy helps protect from economic shocks. In exams remember budgeting and saving.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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