Financial Literacy, Financial Behavior And Economic System

Financial  literacy measure how much one comprehends key money related financial concepts, through appropriate short-term decision making, so Financial literacy is an  essential information and  that individuals need so as to make due in a modern society. Financial literacy can be affected by enviro...

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Autores principales: Salem Bouzidi, Mohammed Benmoussa
Formato: article
Lenguaje:AR
EN
Publicado: Ziane Achour University of Djelfa 2019
Materias:
H
Acceso en línea:https://doaj.org/article/81ef1f6fd29249c89649dcee286f7760
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Sumario:Financial  literacy measure how much one comprehends key money related financial concepts, through appropriate short-term decision making, so Financial literacy is an  essential information and  that individuals need so as to make due in a modern society. Financial literacy can be affected by environmental issues, such as regional differences and economic systems.The relationship between financial literacy and financial behavior has been considered in a number of other studies, financial literacy is an important determinant of financial behavior in developing countries, financial literacy is also associated with increased equity ownership, the use of low-cost mortgages, and retirement planning behavior. JEL Classification: E40, G02, G20.