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What is financial development?

Updated: 8/17/2019
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9y ago

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Financial development is an increase in money and resources over time. This increases the ability to acquire and use money through knowledge and experience.

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Definition of financial development?

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What is the difference between economic development and financial development?

Economic development, generally speaking, is a process of change that is focused on the betterment of the community, state, and/or nation and financial development is a part of of economic development important part.. it is more on financial.


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What entails financial sector development and how can policy makers in developing countries develop its financial sectors?

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