Write a 500-word informative essay-Financial Markets

Write a 500-word informative essay on the article(s), answering the following questions:

1. Why are financial markets essential for a healthy economy and economic growth?
2. What are financial institutions?
3. Describe each and give an example of who may use them:
   1. Investment banks
   2. Commercial banks
   3. Financial services corporations
   4. Pension funds
   5. Mutual funds
   6. Explain capital transfers.
   7. What are the three primary ways in which capital is transferred between savers and borrowers? Describe each one.
   8. What is a financial market?
   9. Differentiate between the following markets:
      1. Physical asset markets versus financial asset markets
      2. Spot markets versus futures market
      3. Money markets versus capital markets
      4. Primary asset markets versus secondary markets
      5. Public markets versus private markets

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