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What is the importance of financial market?

Kyle Mckinney

in Student Loans

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1 answer

Jessie Thompson on October 9, 2018

The 'main' part of financial markets allocate resources within the economy. In a capitalist / free market system, they perform the function of economy of central planning, "the choice" the best of the industries of a country to develop, for the allocation of resources, in the same way . As such, they are the core of free market economies. In addition, there is a derivatives market which shifts risk around, moving risk towards those most able to bear or control. Finally, the currency market facilitates international trade

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