CHAPTER 10
Financial Markets
CHAPTER AT A GLANCE
Introduction
Financial markets play a central role in the global economy by facilitating the exchange of financial assets, allowing businesses, governments, and individuals to raise capital, manage risks, and invest. These markets provide a platform for buying and selling various financial instruments, and they serve as a crucial mechanism for the allocation of resources in the economy.
Key Components of Financial Markets
- Securities Markets
- Equity Markets: Also known as stock markets, where shares of ownership in companies are bought and sold.
- Debt Markets: Involve the issuance and trading of ...
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