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Are Defined as a Set of Interrelated Components That Include

question 19

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are defined as a set of interrelated components that include hardware, software, databases, networks, people, and procedures that collect data, process it, and disseminate the output.


Definitions:

Currency

A system of money in general use in a specific country or region.

Loans

Financial agreements wherein a lender gives money or assets to a borrower, and the borrower agrees to return the property or repay the borrowed money, usually along with interest, at a future point in time.

Financial Crises

Severe disruptions in financial markets that occur when there is a sudden loss of confidence among investors, depositors, or consumers, often leading to a liquidity shortfall and economic downturn.

Financial Markets

Platforms or systems that facilitate the buying, selling, and trading of financial assets like stocks, bonds, and commodities, allowing for the allocation of capital and risk.

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