Question

What impact, if any, do you think the level of education has on someone financial status?

b) How do you define “financial Status”?

c) How do you define “Employment Status”?

d) Do you think this is a world educational attainment and financial/employment status or one confined to the United States? Explain.

Answer 1

a). A person's educational level has great impact on his financial status as an educated person can get better job than an uneducated, better job means better income and better financial conditions. the level of education people have creates huge difference in their earnings and their financial status.

b). financial status shows the income and wealth of the people. it is the financial status of people which creates different groups in our society people with high income and wealth/ assets are termed as financial well.

c) employment status means categorizing people according to their work and position at work place. the people who are earning their wages are said to be employed and them being divided like part time worker, full time worker, daily wage earner, teacher, judge, banker and civil servant etc. are their employment status.

d) U.S. being one of the biggest economy everyone other economy wants  grow like them and attain higher education rate, employment level etc. but that does not mean that every thing is confined to U.S.