Which institution(s) is/are important for channeling savings into investment?

Question

Quizplus · Accepted Answer

Banks are institutions that are specifically designed to channel savings into investment. They accept deposits from individuals and organizations, and then use that money to fund loans and other investments. While schools and religious institutions can play a role in promoting savings and investment, they are not typically involved in the actual process of channeling funds from savers to investors. And while the federal government can sometimes play a role in promoting investment, it is not a primary institution for this purpose.

Which Institution(s) Is/are Important for Channeling Savings into Investment