Financial literacy is critical because it equips us with the knowledge and skills we need to manage money effectively. ... Financial literacy is the ability to make informed judgements and effective decisions regarding the use and management of money.
<h2><em>In 1789, food shortages and economic crises led to the outbreak of the French Revolution. King Louis and his queen, Mary-Antoinette, were imprisoned in August 1792, and in September the monarchy was abolished.</em></h2>