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One way in which financial institutions contribute to the development of a market economy is by
(Charging interest rate on loans they approve, setting tax rates on retirement accounts and investments, making loans to businesses and consumers, imposing tariffs on consumers purchases)

Sagot :

Baraqidn

Answer:

making loans to businesses and consumers

Explanation:

One way in which financial institutions contribute to the development of a market economy is by "making loans to businesses and consumers"

This is because the loans to businesses will help the businesses to produce or make available demanding goods and services to the consumers.

Also, the loans to consumers will help the consumers to quickly make purchases at the point of sale without necessarily dipping their hands into other people's money.

Rjhoogieidn

Answer:

the answer above is correct

Explanation:

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