Financial deepening is synonymous with ________.

Question

Quizplus · Accepted Answer

Financial deepening refers to the expansion of financial markets and institutions, which leads to increased financial intermediation and greater access to financial services for households and businesses. It goes beyond just issuing equities or borrowing from world capital markets, and involves the overall development of the financial system. Holding a well-diversified portfolio is a strategy for investing, but not directly related to financial deepening.

Financial Deepening Is Synonymous with ________