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Stells [14]
2 years ago
12

Explain the role of capital market in economic developmnet?​

Social Studies
1 answer:
Masteriza [31]2 years ago
4 0

Answer:

For a set period, the capital market effectively transfers monetary purchasing power from investors' surplus funds to those with deficits in return for greater future purchasing power. They are crucial in the recapitalization and privatization of huge infrastructure projects and industries.

Explanation:

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