# Finance matters (also used in German)

- Canonical URL: https://www.gerhardmerk.de/finance-matters-also-used-in-german
- Post ID: 587934
- Modified: 2023-07-25T21:00:57+00:00
- Language: en

## Definition

Motto for the fact that countries with well-developed financial systems grow faster than others. In Germany, the financial sector accounted for just over 3.7 percent of value added in 2008, roughly comparable to the chemical industry (3.70 percent) and the automotive industry (3.06 percent). - See Money-matters theorem. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1