Answer:
Explanation:
The Financial cycle in this instance refers to the flow of funds from savers in the economy to those who need to use it to engage in economic activity that will bring in returns.
It therefore includes financial institutions who are the middlemen in such transactions connecting the money from savers to people with ideas on how to grow them and then assisting in returning profits back to the savers.
It also includes companies who got money from savers generating profits and interest that they will then send back to savers and investors.