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How does the money you save in a bank account help someone else?
Banks are the financial intermediaries of the economy. Without them there will be no financial prosperity. Banks accept deposits from people who have surplus and lend out loans to people who need the money. They offer other services like bank accounts, credit cards etc. So, the money you save in a bank will given out as a loan and will help someone else.
Why was the creation of a national bank so important to the U.S economy?
The national bank controlled the money supply
How important is financial planning for a newlywed couple?
A couple just starting their lives together need to plan for the future, so financial planning is crucial. Planning for the purchase of a home or the start of a family require advance planning so money will be available when needed.
Who is a credit officer?
credit officer means he is a loan providing officer, most important thing is lot of people's having the most important problem is financial,so everybody needs a financial support ,so small scale industry should not be ready to provide the financial support to the people's,so any one of the large scale industry should be voluntarily providing the loan amount to the people's for using the self employment purpose ,so the credit officer(large scale industry) should be check and verify the people and to providing the loan amount, this work should be handled by credit officer.
Who is credit officer?
credit officer means he is a loan providing officer, most important thing is lot of people's having the most important problem is financial,so everybody needs a financial support ,so small scale industry should not be ready to provide the financial support to the people's,so any one of the large scale industry should be voluntarily providing the loan amount to the people's for using the self employment purpose ,so the credit officer(large scale industry) should be check and verify the people and to providing the loan amount, this work should be handled by credit officer.
What do financial intermediaries do?
I have to separate it into to parts. The financial intermedairies which are banks that borrow their customers money and pay interest on that borrowed money to lend to other customers with the plan of making a return on their investments for them and their customers. Domestic to me would be the personal home needs such as, a individual (not business) that is looking for a depository institution where he or she can gain interest on the deposited funds or for a bank to finance them so they can purchase a home, car, etc. I am still researching, but this is what I understand of what I have already researched. Of course I am a student, not an educator, so this is just my opinion.
How does the money you save in a bank account help someone else?
Banks are the financial intermediaries of the economy. Without them there will be no financial prosperity. Banks accept deposits from people who have surplus and lend out loans to people who need the money. They offer other services like bank accounts, credit cards etc. So, the money you save in a bank will given out as a loan and will help someone else.
Why is business so important to a country's economy?
Why is business so important to a country's economy?Volcanoes can change the economy positively or negatively.The positive way is that a cone volcano.
Why is it necessary for a financial advisor to know the economy's state when mutual funds are considered as investments?
financial adviser is more important for the settlement of new country. so if you have good ideas ,strength and public power you can done every thing as possible.
Why was the creation of a national bank important to the U.S. economy?
Why was the creation of a national bank so important to the U.S economy?
How did the rigid monetary and financial system after world war 1 led to financial crisis in 1931?
the economy of the counties were poor so many countries were borrowing money from USA and because they didnt have money to pay USA so USA economy was poor
Why are US citizens so important?
US citizens are very important. They form the economy of the country.
Do you need war to solve global financial crisis?
You need a renewable source of fuel so the economy would stabilize.
Why was agricultureally so important to the economy of the southern colonies?
many of their crops were successful , and also their economy started to do well too.
Why was agriculture so important to the economy the southern colonies?
many of their crops were successful , and also their economy started to do well too.
Why was the U.S economy so important to the world economy in the 1920s?
U.S factories produced half of the world's industrial goods.
Why is fishing so important to the Norway economy?
Fishing is so important to Norway's economy because seafood is their second-largest export. Fish are abundant in Norwegian waters, making them a great source of income for the country.
