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inducement good (DO)<br />A consumer good expected to stimulate producers to make other goods in exchange for it. Such goods are of great importance in developing countries. David Hume argued in support of manufacturing that it would induce higher agricultural productivity.
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economy is, the greater its range of financial instruments; for example, since 1960 the US and UK financial systems have produced a large range of new instruments, e.g. derivatives, in order to meet the different needs of savers and borrowers. New financial facilities contribute to economic growth.<br /><em>See also:</em> disintermediation <br /><em>Reference</em><br />Drake, P.J. (1980) Money, Finance and Development, Oxford: Robertson.
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<strong>Plain Language Disclosure statement</strong> – Document providing FFEL Program terms and other information in “plain language” (instead of jargon).
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