What Are Some of the Sources of Long-Run Economic Growth,and

question 136

Essay

What are some of the sources of long-run economic growth,and which is the greatest contributor to growth?

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Definitions:

Capital Markets

Financial markets for buying and selling equity and debt instruments, catering to the long-term funding needs of public and private sector enterprises.

Primary Markets

Markets in which new securities are issued and sold by corporations directly to investors.

Over-The-Counter

A decentralized market where securities are traded directly between parties without the supervision of an exchange.

Financial Intermediaries

Institutions that facilitate the flow of funds between savers and borrowers, thereby making investment more accessible.