Answer:
A diamond is given as a gift
According to the principles of financial education, Fred should buy the materials he needs and leave it to buy the pair of designer jeans at another time.
<h3>What is financial education?</h3>
- It is teaching how to use money in a coherent way.
- It is teaching how to organize finances.
- It is teaching about being economically stable.
One of the main principles of financial education is the use of money in necessary elements. Therefore, we can say that Fred should spend the money he received on the materials he needs, as a pair of designer jeans is not something of extreme necessity.
However, financial education says that we should be happy with the use of money. That means Fred shouldn't give up the urge to own a pair of designer jeans. he will just have to wait a little longer, save money and buy them consciously.
More information about financial education is at the link:
brainly.com/question/10565546
"The Black Ball" is a collection of stories by Ralph Ellison. In this collection, Ellison describes the problems and tribulations that African American people experienced in the years after World War II. The collection discusses many important topics, including segregation, racism, the divisions that existed between Americans of different races, etc.
Literary works of this kind were extremely important in the period after World War II. After the war, African Americans began to fight for equality and representation in a more systematic way. Their contributions during the war years exemplified the importance of their role in society and the need for equality. These works became significant because they illustrated how unique African American experiences were. They became a catalyst for the Civil Rights Movement that would take place in the 1950s and 1960s.