The digital revolution affected financial markets all over the world by eliminating the costs of financial transactions and transmissions.

Question

Quizplus · Accepted Answer

The digital revolution brought about advancements in technology and the development of digital financial markets. It reduced the costs of financial transactions and transmissions by eliminating the need for physical documents and face-to-face interactions. This allowed for increased efficiency and reduced transaction costs for both consumers and businesses in financial markets all over the world.

The Digital Revolution Affected Financial Markets All Over the World