Question

differentiate between market based and bank based economies​

Answer 1

Answer:

In market-based systems securities markets share center stage with banks in getting society's savings to firms, exerting corporate control, and easing risk management. ... 2) In higher income countries, stock markets become more active and efficient than banks. Thus, financial systems tend to be more market based.

Answer 2

Answer:

In market-based systems securities markets share center stage with banks in getting society's savings to firms, exerting corporate control, and easing risk management. ... 2) In higher income countries, stock markets become more active and efficient than banks. Thus, financial systems tend to be more market based

Explanation:

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