answersLogoWhite

0


Best Answer

Because like many things, it affects our lives. Having a job or not, is the most significant way as people see it, but economics affects other things. The standard of living in a country, the services available, the quality of the infrastructure, the planning for changes that need to be done as the economy changes, the education people get and pursue, the political stability in a country and many other things. So it is important that you have at least some idea of what is going on in the economy at local, national and international level. Obviously if you are in business, you need to be very aware of the economic activity as making the wrong decisions because you did not get the right information, could have consequences.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why should people be economically informed?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What can i do if i could not attend my 1st semister?

You should have informed the school. If not you will have to reapply.You should have informed the school. If not you will have to reapply.You should have informed the school. If not you will have to reapply.You should have informed the school. If not you will have to reapply.You should have informed the school. If not you will have to reapply.You should have informed the school. If not you will have to reapply.


It is important that he is informed or he should be informed?

It is important that he be informed.


Why should more people know about anorexia?

More people should know about anorexia because, the more people are aware and informed, the less cases will develop.


Who will benefit from a term paper about animal cruelty?

Of course the animal itself. People will be informed about how animals should and should not be taken care of.


Which of these describes Ezra Pound's feelings about the words in a poem?

Here is another answer, words should be used economically, If i am wrong comment down below


Corporate headquarters has informed your department to curb expenditures What should your department do?

Corporate headquarters has informed your department to curb expenditures. What should your department do?


How did British people hurt Irish people economically?

They only gave them beer


How were different regions linked economically?

The different U.S. regions were linked economically by people trading with each other and people sending telegraphs of their sales to the other regions in the U.S.


How do hurricanes affect people economically?

they destroy everything you have so you have to pay to buy things you already had before the disaster.


After advising Petty Officer Powell about her reporting choices her decision should be documented and she should be informed about her medical options and .?

She should also be informed about the optional Sexual Assault Forensic Exam.


Informed consent should be a process rather than a one-time event?

should informed consent be a process rather than a one time event


How were different US regions linked economically.?

The different U.S. regions were linked economically by people trading with each other and people sending telegraphs of their sales to the other regions in the U.S.