How change in economic status affect your everyday life, Other Subject

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How change in economic status affect your everyday life

Assignment task: Economic Life Event

An economic recession hits, income from savings and/or pension decreases by 50%

Questions:

Q1. Describe the economic life event.

Q2. How will the change in economic status affect your everyday life? How might it affect your financial stability in later life?

Q3. How will you respond to this event?

Q4. What factors from your case scenario may influence how this event affects your everyday life and later life? Why?

Q5. What supports provided by the Canadian government are available for seniors to promote Financial stability during retirement in later life? Does your case scenario qualify for them? Why or why not?

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Other Subject: How change in economic status affect your everyday life

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Other Subject: How change in economic status affect your everyday life

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