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Industries rely on financial markets from "summary" of Labor in the Age of Finance by Sanford M. Jacoby

In the modern economy, industries rely heavily on financial markets to secure the capital necessary for growth and expansion. Without access to these markets, companies would struggle to fund new projects, invest in research and development, or even maintain day-to-day operations. Financial markets provide a crucial source of funding for industries by allowing them to issue stocks and bonds to investors. This process not only raises capital for the company but also gives investors a stake in its success. This alignment of interests can help companies attract funding at lower costs and with less risk than other forms of financing. Moreover, financial...
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    Labor in the Age of Finance

    Sanford M. Jacoby

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