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6mo ago

Financial institutions play a crucial role in mobilizing savings and facilitating investment by providing a range of services. They encourage individuals and businesses to save by offering various deposit accounts with interest rates and safety measures. These savings are then pooled and used to fund various investment projects, such as loans for housing, infrastructure, and business expansion. Financial institutions also provide expertise and guidance to investors, helping them make informed decisions about where to allocate their savings for optimal returns.

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Q: How do financial institutions help mobilize savings and facilitate investment?
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