How far the accusation of lewdness brought against them is just is hard to say, but they seem to have been a really serious peril to the nation.
The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving (especially for college), tax planning and retirement.
In many studies, however, financial literacy is not conceptually defined at all. In some of. these studies it is possible to infer a definition from the given text, but in other studies the. reader is left to infer what the authors meant from how financial literacy was measured.