In which two ways do financial institutions and markets encourage growth and progress?

Question

Quizplus · Accepted Answer

Financial institutions and markets encourage growth and progress by mobilising savings, which provides the necessary funding for investment in new projects and businesses. Additionally, they encourage investment by providing a range of investment opportunities and resources, such as financial advice, research and analysis, and access to capital. Controlling interest rates and discouraging small savers are not ways in which financial institutions and markets typically encourage growth and progress.

In Which Two Ways Do Financial Institutions and Markets Encourage