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pregunta 20 (4 puntos)
which of these best explains why students should learn about personal finance?
a learning to manage money will help you achieve a profitable career.
b learning to manage money can eliminate financial mistakes & promote financial benefits for the future.
c personal finance skills are highly complex & require a great deal of time to learn.
d personal finance skills are best learned through trial and error.
pregunta 21 (4 puntos)
one of the main reasons the credit laws were relaxed in the 1920’s was an effort to
a help businesses sell more products to consumers
b get rid of the illegal loan sharks
c generate more tax revenue for the government
d all of the above are reasons
primarily driven by the goal of enabling consumers to take on debt to purchase more goods, boosting business sales. While reducing illegal loan sharks was a minor secondary effect, it was not a main driver, and generating tax revenue was not a primary intent, making option a the correct choice.
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primarily driven by the goal of enabling consumers to take on debt to purchase more goods, boosting business sales. While reducing illegal loan sharks was a minor secondary effect, it was not a main driver, and generating tax revenue was not a primary intent, making option a the correct choice.