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How have financial systems developed to facilitate economic growth and stability? This book explores the evolution of financial systems from barter systems and the advent of currency to modern banking and global financial markets. It discusses the role of financial institutions, market mechanisms, and regulatory frameworks in shaping economic environments. The narrative examines the impact of technological advancements such as electronic trading and fintech on financial practices. By analyzing financial crises and the evolution of financial theory, the book provides a comprehensive overview of how financial systems support economic activities and how they adapt to new challenges and opportunities in the global economy.
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