Financial system

Financial system

Financial system is a set of inter related activities working together to achieve some predefined purpose or goal. It includes different markets, the institutions, instruments, services and mechanism which influence the generation of savings, investment capital formation and growth

Definition

“To provide a link between savings and investment for the creation of new wealth and to permit portfolio adjustment in the compensation of the existing wealth” (Robinson)

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Edgar Dale's Cone of Experience

Edgar Dale's Cone of Experience Edgar Dale (1900-1985) served on The Ohio State University faculty from 1929 until 1970. He was an internationally renowned pioneer in the utilization of audio-visual materials in instruction. He also made major research contributions in the teaching of vocabulary and testing readability of texts. Jeanne S. Chall, an OSU Ph.D. graduate who went on to become a leading innovator in reading research. Perhaps Professor Dale's most famous concept was called the "cone of experience," a graphic depiction of the relationship between how information is presented in instruction and the outcomes for learners. Dale’s Cone first appeared in his 1946 textbook titled “Audio-Visual Methods in Teaching. This text is the grail for any educator wanting to successfully integrate AV materials into instruction. Dale intentions were not for the Cone to represent all ways of learning but instead to create a visual with which to categorize the progression

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Commerce Education

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