Asked by Chantal Shanty on Jul 26, 2024
Verified
Financialization can be defined as the increased reliance upon financial markets, motives, results, and institutions, rather than on sales of goods and services, to generate profits.
Financial Markets
Platforms where individuals, companies, and governments can trade financial securities, commodities, and other fungible assets.
Financialization
The increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, overshadowing traditional industrial capital.
- Determine and examine the function of financialization in the international economy, detailing its explanation, reasons, and consequences for the integration of worldwide business.
Verified Answer
Learning Objectives
- Determine and examine the function of financialization in the international economy, detailing its explanation, reasons, and consequences for the integration of worldwide business.
Related questions
Financialization Increases Global Integration of Business Which in Turn Creates ...
Public Sector Budget Austerity Is Considered Another Aspect of Financialization ...
As Markets Have Become More Financialized, There Has Been a ...
Increased Globalization and Financialization of World Markets Has Created Greater ...
If Global Markets Are Imperfect, a Disproportionate Share of Profits ...