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Regions Africa

How social structure influences the way people share money

A study of informal finance finds that in East Africa, money moves in very different patterns depending on whether societies are structured around family units or age-based groups.

By: Science Daily

Sep 28 2024
7
6935 Views

People around the globe often depend on informal financial arrangements, borrowing and lending money through social networks. Understanding this sheds light on local economies and helps fight poverty… [+5514 chars]

How social structure influences the way people share money

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