{"id":1042,"date":"2015-05-09T20:32:40","date_gmt":"2015-05-09T20:32:40","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&#038;p=1042"},"modified":"2017-03-31T16:09:36","modified_gmt":"2017-03-31T16:09:36","slug":"why-it-matters-4","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/chapter\/why-it-matters-4\/","title":{"raw":"Why It Matters: Financial Markets and System","rendered":"Why It Matters: Financial Markets and System"},"content":{"raw":"<h2>Why explain the institutions and markets that comprise\u00a0the financial system, and explain how they impact the economy and the money supply?<\/h2>\r\n<h3><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/750\/2015\/06\/23082742\/Money.jpg\"><img class=\"alignleft wp-image-2390\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/750\/2015\/06\/23082742\/Money-300x277.jpg\" alt=\"A collection of words that refer to money: The word &quot;profit&quot; is in the center; other words included are retirement, payment, wealth, security, happiness, business, pay, finance, cost, G's loot, coin, control, capital, power, bills, greenbacks, treasure, resources, broke\" width=\"287\" height=\"266\" \/><\/a><\/h3>\r\nAll of the words in the\u00a0word-cloud image, shown at the left, refer to the same thing: MONEY.\r\n\r\nHave you heard the saying \"Money makes the world go around\"? In many ways money drives almost all of our endeavors. Consider why you are here taking this course. You are obtaining knowledge in order\u00a0to get a better job, to obtain a degree or other credential, or to be more informed in your daily life so that you can support yourself and provide for those you love. Even if you are interested in charitable endeavors to improve the human condition, such efforts to support a\u00a0cause will require money\u2014even indirectly. Understanding how money functions\u2014the different forms it takes and where it goes\u2014is the first step in being able to comprehend our financial system.\r\n<h3>Learning Outcomes<\/h3>\r\n<ul>\r\n \t<li>Explain what money is and what makes it useful<\/li>\r\n \t<li>Explain the role of banks in the U.S. monetary system<\/li>\r\n \t<li>Describe\u00a0common ways in which businesses obtain financial capital (money) to fund operations<\/li>\r\n<\/ul>","rendered":"<h2>Why explain the institutions and markets that comprise\u00a0the financial system, and explain how they impact the economy and the money supply?<\/h2>\n<h3><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/750\/2015\/06\/23082742\/Money.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2390\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/750\/2015\/06\/23082742\/Money-300x277.jpg\" alt=\"A collection of words that refer to money: The word &quot;profit&quot; is in the center; other words included are retirement, payment, wealth, security, happiness, business, pay, finance, cost, G's loot, coin, control, capital, power, bills, greenbacks, treasure, resources, broke\" width=\"287\" height=\"266\" \/><\/a><\/h3>\n<p>All of the words in the\u00a0word-cloud image, shown at the left, refer to the same thing: MONEY.<\/p>\n<p>Have you heard the saying &#8220;Money makes the world go around&#8221;? In many ways money drives almost all of our endeavors. Consider why you are here taking this course. You are obtaining knowledge in order\u00a0to get a better job, to obtain a degree or other credential, or to be more informed in your daily life so that you can support yourself and provide for those you love. Even if you are interested in charitable endeavors to improve the human condition, such efforts to support a\u00a0cause will require money\u2014even indirectly. Understanding how money functions\u2014the different forms it takes and where it goes\u2014is the first step in being able to comprehend our financial system.<\/p>\n<h3>Learning Outcomes<\/h3>\n<ul>\n<li>Explain what money is and what makes it useful<\/li>\n<li>Explain the role of banks in the U.S. monetary system<\/li>\n<li>Describe\u00a0common ways in which businesses obtain financial capital (money) to fund operations<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-1042\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Why It Matters: Financial Markets and System. <strong>Authored by<\/strong>: Linda Williams and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Money. <strong>Authored by<\/strong>: Linda Williams and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/cc0\">CC0: No Rights Reserved<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":128,"menu_order":1,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Why It Matters: Financial Markets and System\",\"author\":\"Linda Williams and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"Money\",\"author\":\"Linda Williams and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"3c52697d-926f-4745-8731-7d2959802fcb","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-1042","chapter","type-chapter","status-publish","hentry"],"part":83,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapters\/1042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/wp\/v2\/users\/128"}],"version-history":[{"count":18,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapters\/1042\/revisions"}],"predecessor-version":[{"id":10748,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapters\/1042\/revisions\/10748"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/parts\/83"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapters\/1042\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/wp\/v2\/media?parent=1042"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/pressbooks\/v2\/chapter-type?post=1042"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/wp\/v2\/contributor?post=1042"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-wmopen-introbusiness\/wp-json\/wp\/v2\/license?post=1042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}