Crucial Elements of Well-Developed Financial Systems Include All of the Following

question 54

Multiple Choice

Crucial elements of well-developed financial systems include all of the following except:

• A)government control of the economy
• B)financial intermediaries
• C)financial markets
• D)all of the above

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Definitions:

Displayed

Shown or exhibited, often in a public or visible manner.

Tenets

Fundamental beliefs or principles that form the basis for a system of belief or actions.

Marxism

A socio-economic theory proposed by Karl Marx, advocating for class struggle and proletarian revolution to overthrow capitalism and achieve a classless society.

Darwinism

A theory of biological evolution developed by Charles Darwin, emphasizing natural selection as the primary mechanism for evolution.