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Ethics pp 53-62 | Cite as

The World of Money

  • Francis P. McHugh
Chapter
  • 63 Downloads
Part of the In Business Now Series book series

Abstract

The world of money is an intermediation or a ‘go-between’ system. It is a business world in which financial institutions link individuals, other institutions and the world of work. Intermediation can be defined as ‘the process by which income, spending, saving, financial surplus and investment are linked to the world of work and production’ (see Figure 14).

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Copyright information

© Francis P. McHugh 1991

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  • Francis P. McHugh

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