1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KiRa [710]
3 years ago
11

Australia has a high literacy level why is this important to their economy

History
1 answer:
In-s [12.5K]3 years ago
5 0

Financial literacy makes a major impact to the soundness of the financial system. The RBA believes that borrowers in a financially educated society will be less likely to take on more debt just because credit is easily accessible. The Bank argues the borrowers will have a much better chance of riding out an economic recession without defaulting on their debt repayments. This, in turn, will help minimize the bad debt experience of financial institutions and therefore, help strengthen the health and efficiency of the financial system.

You might be interested in
Which american third party's membership included mostly farmers and laborers?
Finger [1]

The American third party’s membership included mostly farmers and laborers is the populist party. The are contained with farmers and laborers because the farmers that joined in the party was upset in regards of the republican parties and the democratic parties in which they have the belief of having to regulate businesses in means of playing an active role in their economy.

5 0
3 years ago
Please help 25 points
stiv31 [10]

Answer:

3, 1, 4,6,5

Explanation:

29 June 1767- townshend act

1763- end of french and indian war

5 March 1770- boston massacre

16 December 1773- boston tea party

November of 1772- committees of correspondence

7 October 1765- the stamp act

8 0
2 years ago
Read 2 more answers
A significant effect of the 1st great awakening was that it
dangina [55]
The Great Awakening<span> or </span>First Great Awakening<span> was a Protestant religious </span>revival<span>that swept Protestant Europe and British America in the 1730s and 1740s. An evangelical and revitalization movement, it left a permanent </span>impact<span> on American Protestantism.

idk i coppied and pasted

</span>
7 0
3 years ago
Read 2 more answers
In your own words, explain why paying your credit card balance in full is more financially responsible than making the minimum p
dusya [7]

Answer:

It can affect your credit score.

Explanation:

8 0
3 years ago
Why have many of the khmer rouge leaders responsible for killing millions of cambodians never been brought to justice?
Pavel [41]
The main reason why  Cambodian genocide perpetrators have not been brought to justice are the incompetent and alleged corruption of the local tribunal court, and lack of support from international community as well as the death  and sickness of several witnesses and perpetrators.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Why did the literary digest misjudge the 1936 election?
    9·2 answers
  • What influenced the difference between the colonies in New England, the middle continental colonies, and the southern colonies?
    8·1 answer
  • How did natural resources and new inventions create the conditions for the industrial revolution to begin in England
    15·1 answer
  • How did political systems in American colonies change during the modern era?
    13·1 answer
  • What was Germany’s main goal after world war 1
    6·1 answer
  • What ocean layer contains approximately 90% of Earth's sea water​
    11·2 answers
  • Which statement explains why the tariff passed in 1828 was renamed the “Tariff of Abominations”?
    10·1 answer
  • According to the text, what did many workers do after
    6·1 answer
  • The Indian population was dying, so the Spanairds decided to bring slaves from:
    5·1 answer
  • Why were stock companies necessary?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!