Economy, asked by tarun9388, 11 months ago

What is the relationship between the financial system and the economy?

Answers

Answered by ansistkharms
1
Financial system plays a key role in fostering economic growth by efficiently channelling the funds to ... After the doc umentation of the positive relationship between finance.
Answered by ashu4498
0
Financial system plays a key role in employment growth in an economy. Businesses and industries are financed by the financial systems which lead to growth in employment and in turn increases economic .

Role of financial system in economic development of a country

Financial system helps in development of Trade. The financial system helps in the promotion of both domestic and foreign trade. The financial institutions finance traders and the financial market helps in discounting financial instruments such as bills.

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