make this conclusion shorter: The relationship between financial markets and economic growth is well-established, with higher financial development correlating with increased economic growth. Both bank-based and market-based financial systems have their advantages, and countries may benefit from a hybrid approach to maximize economic benefits. Developing robust stock and money markets is essential for economic stability and growth, providing necessary capital and liquidity. The trends towards capitalism and stock market establishment in formerly socialist countries indicate a global shift towards market-based economic systems, driven by the need for economic revitalization. Future economic policies should focus on enhancing financial market structures, improving liquidity, and fostering an environment conducive to investment and economic growth