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the bank help the economy by keeping citizens out of debt

and that's my answer

and im stupid so dont listen to me

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Q: How do banks help the nation's economy?
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Related questions

How banks help expand and maintain the economy?

Banks help expand and maintain the economy by providing loans and credit to businesses.


How do banks help expand the economy?

by loaning money


What are the Importants of banks in the economy?

the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse


How does the economy affect banks?

Commercial banks - NO. National banks - YES.


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What happens if banks reduce lending?

It hurts the economy and makes banks lend less which would hurt the economy even more and so on...


Why does government regulate banks?

Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.


Why do government regulate from banks?

Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.


The role of banks in the Nigerian's economy?

the role of commercial banking in the development of nigerian economy


Why do governments regulate banks?

Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.


What kind of economy do most nations in the world today use?

mixed economy


How did the panic of 1837 affect the the nation's economy?

it ruined the nations economy by no money