Distinguish between physical asset and financial asset markets. What’s the difference between spot and futures markets?

financial asset markets.

Distinguish between physical asset and financial asset markets.
What’s the difference between spot and futures markets?
Distinguish between money and capital markets.
What’s the difference between primary and secondary markets?
Differentiate between private and public markets.
Why are financial markets essential for a healthy economy and economic growth?
What is a derivative, and how is its value related to that of an
“underlying asset”?