Transcription of PISA 2021 Financial Literacy Framework - OECD
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PISA 2021 Financial Literacy Framework - OECD
Table of contents Background .. 5. Introduction .. 7. Growing policy relevance of Financial Literacy for young 7. Trends in the Financial landscape .. 8. Demographic and socio- economic trends .. 11. Expected benefits of Financial education and improved levels of Financial Literacy .. 13. The continued need for data .. 17. Defining Financial Literacy .. 18. Financial Literacy .. 18. is knowledge and understanding of Financial concepts and risks .. 19. as well as the skills .. 19. and attitudes .. 19. to apply such knowledge and understanding in order to make effective decisions .. 20. across a range of Financial contexts .. 20. to improve the Financial well-being of individuals and society .. 20. and to enable participation in economic life.
developments in the financial, economic and socio-demographic landscape that are relevant for the financial literacy of young people and that provide a motivation for this assessment; it also takes into account recent research on financial literacy and financial education.
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