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Financial system (Includes (Circulation of money, Granting of credit,…
Financial system
Includes
Circulation of money
Granting of credit
Making of investments
Provision of banking facilities
Financial intermediary
Savings
Financial intermediary
Loans
Meaning
Managing a lot of money.
It is based of saving
Provide funding an enterprise or a person.
Type of finances
Public finances
Federal Reserve
Central Bank
Private finances
Banks
Stock Market