Evidence suggests that financial deepening is of greatest benefit to ________.

Question

Quizplus · Accepted Answer

Financial deepening, which refers to the increase in financial products and services available in a country, has been found to benefit industries that are highly dependent on external sources of funds, such as those that require large investments or have long payback periods. This is because financial deepening allows these industries to access the necessary funds to grow and develop. Family-owned enterprises and established firms may also benefit from financial deepening, but there is no evidence to suggest that it is of greatest benefit to them. Child workers are not applicable to the context of financial deepening.

Evidence Suggests That Financial Deepening Is of Greatest Benefit to ________