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One misconception about financial literacy is that Children do not need immediate help in finance.
This is a misconception because children need to be taught the basics of finance from a very young age so they can learn to be more financially responsible.
<h3>What is Financial Literacy?</h3>
This refers to the knowledge about finance-related issues that helps one to make better-informed decisions with regard to financing.
Hence, we can see that one misconception about financial literacy is that Children do not need immediate help with finance.
With this in mind, we can see that this is a misconception because children need to be taught the basics of finance from a very young age so they can learn to be more financially responsible.
Read more about financial literacy here:
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C:) Discusses the importance or implications of the main points in the essay.
<span>D. Old money is scornful of new money; in America, class rivalry can breed stereotypes.
From what Tom says, we know that he is not a big fan of Gatsby. We also know that he is only speculating when he says "I imagined it." Tom does not trust Gatsby as a newly rich person of high society. He also uses stereotypes when talking about how Gatsby came into his riches. We see this when he says, "A lot of these newly rich people are just big bootleggers". His generalization of the newly rich is considered stereotyping.
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