Important Role of Financial System in the Economy The financial sector provides six major functions that are important both at the firm level and at the level of the economy as a whole. 1. Providing payment services. It is inconvenient, inefficient, and risky to carry around enough cash to pay for purchased goods and services. […]
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The Role of Islamic Finance in Economic Stability and Social Justice One of the most distinguishing times for the U.S. Islamic home financing industry began in February 2007. The Federal Home Loan Mortgage Corporation (Freddie Mac) sent out a press release announcing that it would no longer buy the most risky subprime mortgages and mortgage
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The Economic Role Of Agriculture In China The “Chinese Economic miracle” seems to have captured the whole world’s attention, especially when it comes to production, manufacturing, sourcing, FDI inflow to China etc’. But do we know about the biggest sector in the Chinese labour market – the agricultural sector? The PRC inherited a ruined country,
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