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What else can I help you with?
How do banks help the nation's economy?
the bank help the economy by keeping citizens out of debt and that's my answer and im stupid so dont listen to me
How do banks help expand the economy?
by loaning money
Why do central banks raise interest rates?
Central banks raise interest rates to control inflation by making borrowing more expensive, which can help slow down spending and investment in the economy. This can help prevent the economy from overheating and maintain price stability.
How did corporations and banking help the US economy to expand?
because of the light in asi
Why are entrepreneurs important in a free enterprise economy?
Entrepreneurs are important because they help boost the economy. Entrepreneurs create jobs and help other businesses expand their clientele by partnering with them.
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did steel plow help expand national economy?
because it brought more farmers into the farming comunnity
How did steel plow help expand the national market economy?
because it brought more farmers into the farming comunnity
How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
Why do banks give loans?
Banks give loans to earn interest income, which is a primary source of revenue for them. By lending money to individuals and businesses, banks facilitate economic growth and stimulate spending, allowing borrowers to invest in projects, purchase homes, or manage cash flow. Additionally, loans help banks build customer relationships and expand their financial services. Ultimately, the lending process is crucial for both the bank's profitability and the overall economy.
How does oil contribute to an economy for example Uruguay discovers oil how does this help Uruguayans get jobs and wealthier?
Oil will expand the economy of Uruguay. The country will earn extra foreign exchange which will be channelled in other areas of the economy.
Why do banks play a crucial role in the economy and financial system?
Banks play a crucial role in the economy and financial system because they facilitate the flow of money, provide a safe place for people to store their funds, offer loans to individuals and businesses for investments and growth, and help regulate the overall financial stability of the economy.
