The role of the financial system is to gather money from people and businesses that have funds to invest and to channel money to those that need it.

Name: The role of the financial system is to gather money from people and businesses that have funds to invest and to channel money to those that need it.
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Question

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This is the basic function of the financial system. It facilitates the transfer of funds from savers to borrowers, providing liquidity and enabling economic growth.

The Role of the Financial System Is to Gather Money