Conclusion
Conclusion

Author(s): Urszula Swadźba
Subject(s): Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Śląskiego
Summary/Abstract: The existence of an impact of economic activity on social life seems obvious and generally recognised. However, one must bear in mind that the mutual relations between the economy and the society are of an interactive nature, which means that social life has a substantial impact on the shape of the economy and economic processes. Yet, this form of interaction is neither commonly perceived nor treated as obvious. The impact of the social on the economic is complex and often omitted in analyses of economic life. Economic awareness is one of those factors that have a fundamental influence on the decisions made in households, the understanding of ongoing economic processes, the attitudes towards money, and on consumption. Accordingly, research on economic awareness is very important, and this particularly concerns the young generation whose views are in the formative stage. Knowledge gained via such a research makes it possible to assess the social resources of this social group, as well as determine what stimulating actions can be taken to develop features that would facilitate these communities’ members participation in social and economic life. As young people are to be active participants of these, their economic knowledge, attitude to work, economic aspirations, readiness for mobility, entrepreneurship, attitude towards money, and type of consumption need to be considered as crucial indicators of the possibilities in store for the young generation in each of the V4 countries.

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