MT217M1-1: Explain how financial markets operate and are essential for a healthy economy and economic growth.
GEL-1.03: Demonstrate college-level communication through the oral delivery of original materials in Standard English.
GEL-6.05: Adapt research skills to discover and sort relevant sources to complete tasks.
Making effective financial decisions is determined by how much information one can gather on different markets and their conditions. By using effective research skills, you will be able to identify how a market operates, and you will be able to forecast the sustainability and strength of the economy.
I attached an article from the PG Library that I think covers the 1st question below, let me know if I need to look for anything else from the PG Library.
Part 2: Research Financial Markets
Write a 500-word informative essay on the article(s), answering the following questions:
- Why are financial markets essential for a healthy economy and economic growth?
- What are financial institutions?
- Describe each and give an example of who may use them:
- Investment banks
- Commercial banks
- Financial services corporations
- Pension funds
- Mutual funds
Note: You may use your textbook as an additional resource; however, the majority of your content must come from your article(s).