Financial Intermediaries Provide the Following Important Functions for the Economy

question 39

True/False

Financial intermediaries provide the following important functions for the economy: the payment mechanism, borrowing and lending, and pooling of risks.

---

Definitions:

Genocide

The deliberate and systematic extermination of a national, racial, political, or cultural group.

Whole Population

Refers to the entire number of individuals or entities that make up a specific group or area being studied.

Internal Colonialism

A concept in sociology referring to the unequal economic and power relations within a country, often between a dominant group and marginalized communities.

Expulsion

The act of forcing someone to leave a place, especially an educational institution or a country, often as a form of punishment.