A healthy and constantly evolving financial system is the foundation for economic efficiency and economic growth. It has six parts:

a. Money is used to pay for purchases and to store wealth.

b. Financial instruments are used to transfer resources and risk.

c. Financial markets allow people to buy and sell financial instruments.

d. Financial institutions provide access to the financial markets, collect information, and provide a variety of other services.

e. Government regulatory agencies aim to make the financial system operate safely and reliably.

f. Central banks stabilize the economy.