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Title:
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FINANCIAL LITERACY AS A PART OF LIFELONG EDUCATION |
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Author(s):
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Mohelska Hana and Zubr Vaclav |
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ISBN:
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978-989-8533-93-7 |
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Editors:
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Demetrios G. Sampson, Dirk Ifenthaler, Pedro Isaías and Maria Lidia Mascia |
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Year:
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2019 |
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Edition:
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Single |
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Keywords:
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Financial Literacy, Financial Education, SWOT Analysis, Lifelong Education |
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Type:
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Full Paper |
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First Page:
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225 |
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Last Page:
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232 |
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Language:
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English |
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Cover:
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Full Contents:
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click to dowload 
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Paper Abstract:
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This article is focused on the financial literacy of elementary students as a part of a lifelong education. The introduction
covers the concept of financial literacy and the development of financial education in EU countries and in the Czech
Republic. It also presents the strategic documents that have been gradually published. It turns out that there is a gap for
research in the field of financial education strategy for elementary and school students and its coherence with lifelong
education. The national strategic plan focuses mainly on the high school students, but the practice show that it should
start with students that are in the compulsory education. The results of the OECDs research called Program for
International Student Assessment (PISA) show educators and policy makers the quality and equity of learning outcomes
achieved elsewhere and allow them to learn from the policies and practices applied in other countries. The goal of this
article is to evaluate the project of financial education and analyze the current situation in the financial literacy of the
elementary school students in Czech Republic in comparison with foreign countries. The article searches for the
strengths, opportunities and threats using the method of SWOT analysis. Based on the obtained results it formulates
conclusions and recommendations. |
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