1. The structure that is available in 2 points
an economy to mobilize the capital
from various surplus sectors of the
economy and allocate and
distribute the same to the various
needy sectors is known as
O Economic Environment
O Financial System
O Banking system
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Financial System is the correct answer...
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The structure that is available in 2 points an economy to mobilize the capital from various surplus sectors of the economy and allocate and distribute the same to the various needy sector is known as Financial system
Explanation:
Financial system is an economic mechanism that allows the mobilization of excess capital from various sectors and distributes and redistributes it among the various sectors that need it .
Financial systems are designed to facilitate the movement of money across a network of financial products , and financial markets, financial products , and financial services. The system consists of contributors , intermediaries, tools and end users. The role of financial system is to collect funds of companies and individuals with excess funds and deliver those funds to those in need .
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