__________________ is the process by which individual savings are accumulated in depository institutions and, in turn, lent or invested.

Question

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Financial intermediation is the process by which depository institutions, such as banks, accumulate individual savings and then lend or invest those funds in ways that generate a return. This process helps to channel savings into productive investments, such as loans to businesses or mortgages for homebuyers, and can help to promote economic growth. Without financial intermediation, it would be more difficult and costly for individuals and businesses to access the capital they need to invest and grow.

__________________ Is the Process by Which Individual Savings Are Accumulated