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Brooke Perry Brooke E Perry FI360 16 October 2023 Unit 1 Discussion Assigned URL: https://www.mckinsey.com/featured-insights/mckinsey- explainers/what-is-financial-inclusion Links to an external site. Good Morning Class, I decided to do a deeper analysis on financial inclusion as this weeks chapter communicated the introduction to the financial world. My selected URL is posted above, and this article really highlights financial inclusion as a whole. Financial inclusion is when everyone can access financial services that can help them build wealth, including savings, credit, loans, equity, and insurance. McKinsey and Company does a great job of providing details regarding America and our current standing when it comes to financial inclusion. Even though America is one of the world's wealthiest countries, A recent survey of 25,000 Americans found that only half would be able to cover expenses for more than two months if they lost their job. The difference between financial inclusion and exclusion in the United States frequently comes down to race. I think this article is a great choice for this unit as it goes into deeper detail regarding financial decisions as a whole. Reference: "What Is Financial Inclusion? | McKinsey." Www.mckinsey.com , 21 Mar. 2023, www.mckinsey.com/featured-insights/mckinsey-explainers/what- is-financial-inclusion.
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