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McElhinney, Kerry R.; Pershing, James A. – 1989
The lack of economics literacy is a serious problem in the United States. Today, public school students are taught little if any economics and score very poorly on economics literacy tests, with the average test score being 40 percent. This absence of economic understanding hurts the economy in the following ways: (1) economically illiterate…
Descriptors: Basic Business Education, Citizenship Education, Consumer Education, Critical Thinking
