Types of financial institutions and their functions ii
Economics SSS 2 Third Term
WEEK 8
Types of financial institutions and their functions ii
Performance Objectives
Student should be able to:
- List the benefits of the capital market
- Discuss how commodities are traded in the secondary market.
- Problems of trading in the secondary market.
Content
Functions of capital market
1. Mobilization of savings:Savings are mobilized in the capital market.
2. General running of the economy:The existence of capital market encourages the general public to participate in the running of the economy of the country.
3. Provision of long term loans:Capital market provides long term loans to the private and public sectors for investments.
4. Growth of.... View More
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