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Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial education and financial knowledge are used interchangeably. [1] Financially unsophisticated individuals cannot plan financially because of their poor financial knowledge.
World Book Encyclopedia. The World Book Encyclopedia is an American encyclopedia. [1] World Book was first published in 1917. Since 1925, a new edition of the encyclopedia has been published annually. [1] Although published online in digital form for a number of years, World Book is currently the only American encyclopedia which also still ...
Literacy. v. t. e. Literacy is the ability to read and write. Broadly, literacy may be viewed as "particular ways of thinking about and doing reading and writing" [1] with the purpose of understanding or expressing thoughts or ideas in written form in some specific context of use. [2]
Mihaly Robert Csikszentmihalyi was born on 29 September 1934 in Fiume, [4] now known as Rijeka, [5] then part of the Kingdom of Italy. His family name derives from the village of Csíkszentmihály in Transylvania. [6] He was the third son of a career diplomat at the Hungarian Consulate in Fiume. [5] [7] In 1944, when Csikszentmihalyi was ten ...
Cooperative learning is an educational approach which aims to organize classroom activities into academic and social learning experiences. [1] There is much more to cooperative learning than merely arranging students into groups, and it has been described as "structuring positive interdependence." [2] [3] Students must work in groups to ...
The World Health Organization in 1999 identified the following core cross-cultural areas of life skills: [8] [9] decision-making and problem-solving; creative thinking ( see also: lateral thinking) and critical thinking; communication and interpersonal skills; self-awareness and empathy; assertiveness and equanimity; and.
Outcome-based education or outcomes-based education ( OBE) is an educational theory that bases each part of an educational system around goals (outcomes). By the end of the educational experience, each student should have achieved the goal. There is no single specified style of teaching or assessment in OBE; instead, classes, opportunities, and ...
The global literacy rate for all males is 90.0%, and the rate for all females is 82.7%. The rate varies throughout the world, with developed nations having a rate of 99.2% (2013), South and West Asia having 70.2% (2015), and sub-Saharan Africa at 64.0% (2015). [1] Over 75% of the world's 781 million illiterate adults are found in South Asia ...
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