22 lines
643 B
Markdown
22 lines
643 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-2-chapter-02 -->
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# Bank Financial Development
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## Definition
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The evolution and improvement of banking services and practices over time, leading to more efficient financial intermediation and better support for economic development. Financial development is crucial for economic growth.
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## Source Chapter
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Book II, Chapter 2
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## Context
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Smith analyses how banking develops over time, showing how improvements in banking practices can significantly enhance economic development and productivity.
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## Economic Domain
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Accumulation
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---
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