"Financial Market are the backbone of the economy of a country". Discuss.
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The well developed and smoothly operated financial market plays a major important role in the growth and efficiency of a country. It helps in the efficient direct flow of savings and investments in the economy which facilitates the accumulation of capital and contribution in the production of goods and services.
Answered by
1
Answer:
The well developed and smoothly operated financial market plays a major important role in the growth and efficiency of a country. It helps in the efficient direct flow of savings and investments in the economy which facilitates the accumulation of capital and contribution in the production of goods and services.
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