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Somebody answer how does financial services eg banking contribute to the economy?
In your own words


Sagot :

Answer:

The financial services mobilizes savings and allocates credit across space and time.

the government to raise both short-term and long-term funds to meet both revenue and capital expenditure

it helps to grow business

it creates employment and opportunities.

promotes rapid economy development with creation and expression of infrastructure

its helps in financial development

Explanation:

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