Question

pregunta 16 (5 puntos)
which of these best explains why students should learn about personal finance?

○ a personal finance skills are best learned through trial and error.
○ b learning to manage money can eliminate financial mistakes & promote financial benefits for the future.
○ c learning to manage money will help you achieve a profitable career.
○ d personal finance skills are highly complex & require a great deal of time to learn.

pregunta 17 (5 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

Explanation:

Pregunta 16: The core value of learning personal finance is building skills to avoid financial errors and secure long-term financial well-being, which matches option b. Other options are incorrect: trial-and-error is not the best way to learn, personal finance does not guarantee a profitable career, and it does not need to be overly complex to learn.
Pregunta 17: In the 1920s, relaxed credit laws were primarily driven by businesses' desire to expand consumer access to credit, allowing more people to purchase goods on credit and boost sales. Eliminating loan sharks was not the main goal, and increased tax revenue was a secondary effect, not a primary reason for the relaxation.

Answer:

Pregunta 16: b. Learning to manage money can eliminate financial mistakes & promote financial benefits for the future.
Pregunta 17: a. Help businesses sell more products to consumers