The well-developed financial markets that exist in the United States have allowed us to achieve a higher standard of living than would otherwise be possible.

Question

Quizplus · Accepted Answer

Developed financial markets provide access to capital, facilitate investments, and allow for efficient allocation of resources, which can drive economic growth and increase living standards. Therefore, it is true that the well-developed financial markets in the United States have contributed to a higher standard of living for its citizens.

The Well-Developed Financial Markets That Exist in the United States