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![no financial system](/docpics/642c0465df0eb_2551772.jpg)
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no financial system
- Class notes • 1 pages • 2023
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Living in a world without financial institutions, markets, and assets would pose significant challenges to individuals, businesses, and society as a whole. In such a world, individuals would not be able to borrow money to finance major purchases like homes, cars, or education, nor would they be able to save money to handle future expenses.
Class notes
no financial system
Last document update:
ago
Living in a world without financial institutions, markets, and assets would pose significant challenges to individuals, businesses, and society as a whole. In such a world, individuals would not be able to borrow money to finance major purchases like homes, cars, or education, nor would they be able to save money to handle future expenses.
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