Question

Explain
Explain the constituents of financial

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Answer 1

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• There are three main constituents of the financial system: (a) the financial assets, (b) the financial market and (c) the financial institutions. 1. Financial Assets:Financial assets are of two types: (a) primary or direct assets, and (b) secondary or indirect assets.

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Answer 2

Answer:

answer..

Explanation:

Financial markets are broken down into various components based on the asset that is traded and the length of financing offered such as Capital Markets, Commodity Markets, Money Markets, Derivatives Markets, Futures Markets, Insurance Markets, Foreign Exchange Markets and Mortgage Markets.

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