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14y ago

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How bank help the 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 does tourism help Kenya develop?

It helps generate income and boost our economy


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


Who wanted to create a national bank to help strengthen the economy of the US?

thomas jefferson


How can agriculture help the economy?

Agriculture can make various consumables like corn to help a population in a economy grow. If an area is very good at a certain type of crop or something along those lines, then a market can be created to help the economy develop. However, it should be noted: for an economy to truly develop, an urban sector is needed in this 21st century. Too many farms and there might not be many high-paying jobs.


Why do banks and other financial intermediaries exist in modern society?

A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc


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The Lydians were the first people to develop a money economy.


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yes


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What was the fuction of the bank of the US?

The function of a bank is the same irrespective of where it operates. The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.


Why did the congress agree to create a national bank?

They agreed because they hoped it would offer stability for the U.S economy.