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Economic Sociology Pt. 1 (MONEY/FREAKONOMICS) with Anna Gifty Opoku-Agyeman and Steven Levitt

Ologies with Alie Ward

CHAPTER

Financial Literacy and Equity

This chapter emphasizes the critical importance of financial literacy and the disparities in economic knowledge among different demographics. It explores the impacts of personal finance management versus hiring financial advisors, highlights socioeconomic barriers to saving, and addresses the urgent need for inclusive financial education. The discussion also touches on the broader implications of wealth accumulation and the disproportionate effects of economic crises on marginalized communities.

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