Knowledge About Past and Present Financial Crises in Relation to Financial Education

The crises of the past provide us aplenty additional information to understand present. in and present have gone through very typical developmental phases terms their unfolding, which has already been highlighted several studies. For this reason, it is important know development operation, thus reducing probability future crises. It also be able distinguish bubble from crisis, only occurs when bursts. However, happens, effects directly or indirectly reach everyone. level financial literacy a challenge not Hungary but worldwide for many years. In process, we try markets describe tools, how discussing previous crises? study, shed light on knowledge related circumstances, paying close attention connection studies with results questionnaire survey conducted 2020, basing extensive literature research. Our goal show shortcomings education, what so identifying managing crisis areas that are constantly economy.