Financialization means:
A) the processes through which the performance of financial capital becomes the key measure of economic worth in the corporate world and civil society more generally
B) a highly indebted situation in the economy due to the burden of national debt
C) becoming a cash-rich and high net-worth individual
D) none of these

Question

Quizplus · Accepted Answer

Financialization refers to the increasing importance of finance and financial markets in the economy, and the shift towards prioritizing financial performance over other measures of economic success. This can be seen in the increasing influence of financial markets on corporations and the wider society, as well as the growth of financial products and services. It is not related to national debt or individual wealth.

Financialization Means