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Why are financial markets important to the health of the economy?

William Cain

in Student Loans

1 answer

1 answer

Jennifer Patterson on March 13, 2018

A financial market is a market in which people and entities trade financial securities,commodities, and other fungible items of value at low transcription costs and in prices that reflect supply and demand. Securities include stocks and bonds, and commodities include precious metals or agricultural products, that is why the financial market is very important for the health of the economy in many ways, for example, to help develop and encourage new ideas from the newcomers in the business because the business is the most effective way to develop the economy.

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