Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Somebody answer how does financial services eg banking contribute to the economy?
In your own words


Sagot :

Answer:

The financial services mobilizes savings and allocates credit across space and time.

the government to raise both short-term and long-term funds to meet both revenue and capital expenditure

it helps to grow business

it creates employment and opportunities.

promotes rapid economy development with creation and expression of infrastructure

its helps in financial development

Explanation:

hope it helps u :)