Australia has a high literacy level why is this important to their economy

Financial literacy makes a major impact to the soundness of the financial system. The RBA believes that borrowers in a financially educated society will be less likely to take on more debt just because credit is easily accessible. The Bank argues the borrowers will have a much better chance of riding out an economic recession without defaulting on their debt repayments. This, in turn, will help minimize the bad debt experience of financial institutions and therefore, help strengthen the health and efficiency of the financial system.

peasants’ war, (1524–25) peasant uprising in germany inspired by changes brought by the reformation, peasants in western and southern germany invoked   divine law to demand agrarian rights and freedom from oppression by nobles and landlords. as the uprising spread, some peasant groups organized armies. although the revolt was supported huldrych zwingli and thomas müntzerits condemnation by martain luther contributed to its defeat, principally by the army of the swabian league. some 100,000 peasants were killed. reprisals and increased restrictions discouraged further attempts to improve the peasants’ plight.

i think it would be " a" i might be wrong tho