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7:09 T Expert Q&A W + Why are financial markets important to the health of the cconomy? Explain financial system, write short notes on different components of the financial system Expert Answer A Anonymous 24 minutes later Answer: A financial market is a market where people and organizations can trade of financial instruments, for example, securities and commodities at a low transcript cost and at costs that upgrades the demand and supply Financial markets essential to economy in light of the fact that Financial markets accumulate funds from the public who needs to invests for a return and redirect these funds for the association needing funds A decent working of financial market will prompts better and high economic growth Financial markets additionally encourages the international flow of funds between countries An all around created financial framework ought to improve the efficiency of financing decisions, preferring a superior allocation of resources and in 0 Was this answer helpful? o po Home Search More