Banking and money lending help to stimulate economic growth

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Reference no: EM131321440

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1. Do you feel that the financial markets play any role in financing, instigating or creating wars among nations in the modern world? If yes, give some examples.

2. How do the concepts of credit and interest, as incorporated into banking and money lending, help to stimulate economic growth? Give one example of how you think it may have stimulated growth in medieval times, and one example of how it works today.

Reference no: EM131321440

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