Financialization

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Financialization (or financialisation in British English) is a term sometimes used to describe the development of financial capitalism during the period from 1980 to the present, in which debt-to-equity ratios increased and financial services accounted for an increasing share of national income relative to other sectors.

Excerpt from the Wikipedia article “Financialization”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: --Alex1011 (talk) 09:06, 7 November 2008 (UTC), CC BY-SA 4.0, via Wikimedia Commons.