IIyass
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What's the best definition of financial literacy? A. The ability to find, evaluate, utilize, share, and create financial content B. The business or services conducted by a bank C. The ability to use knowledge and skills to manage financial resources effectively D. The efficient and effective management of money

Answer :

C. The ability to use knowledge and skills to manage financial resources effectively. :)
Estefania812

Answer:

The answer is C. The best defifnition of financial literacy is the ability to use knowledge and skills to manage financial resources effectively.

Explanation:

In recent years, the term financial literacy has gained a higher importance. It refers to the ability to manage money effectively, but it is more than that. In order to manage money effectively, the person needs to have knowledge about finances and topics such as budget, investments, insurance, savings, etc. This knowledge and a set of skills will better prepare people to manage financial resources effectively in their everyday lives.

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