Savings of financial resources. The emergence of this function is predetermined by the widespread need to accumulate money for its subsequent use
Author: Obregon William
Structure of the financial system
Simply put, the financial system is the accumulation of monetary income and and then distributing it.
Subjects of the financial system
The objective need for the existence of finance is explained by the need of economic entities (enterprises, organizations
Financial system – what is it
A system is a set of elements that are in relations and interconnections with each other, which form a certain unity, integrity.