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- They allow people to easily exchange money and write checks
- Holds money until you are ready to use it
- Allows peopleto lend and borrow money
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Why do central banks play an important role in a global economy?
they control the foreign currency reserves that are used for international trade
What role does the consumer play in a free enterprise economy?
a consumerism play very important role in our economy. he create a demand for consumer good , and if he demand then only the goods will produced by producer or business man ,and we know very well that aggregate demand and supply is one of the important part of our economy ,so consumerism play very important role in economy.
The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
Write an essay on Role of Banks in An Economy.?
essay the role of bank
Why do central banks playing important role in the global economy?
Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.
Why do central banks play an important role in a global economy?
they control the foreign currency reserves that are used for international trade
How do banks function?
Banks play a vital role to keep the flow of money in the economy in a controlled manner following the guidelines of RBI.
What role does the consumer play in a free enterprise economy?
a consumerism play very important role in our economy. he create a demand for consumer good , and if he demand then only the goods will produced by producer or business man ,and we know very well that aggregate demand and supply is one of the important part of our economy ,so consumerism play very important role in economy.
The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
Which important role did the niger floodpain play in the economy of mali?
consumerism
Write an essay on Role of Banks in An Economy.?
essay the role of bank
Explain the role of banks in the economy?
The banks play a pivotal role in a country's economy. The economy of a country is bound to crumble down if the banks are closed indefinitely. The banks provide necessary impetus to growth by pumping finance to industrial sector,without which the production cannot accelerate which is vital for employment and overall growth of the economy. However, the responsibilities of private banks are limited and they are more inclined for augmenting their profit acceleration. Whereas the nationalized banks have their social responsibilities to lift the cottage and small industries sector by providing soft loans, without caring for their profit motivation.
What are the Role of commercial banks in economy development of Afghanistan?
what is banking role in afghanistan economic development
How do entrepreneurs play and important role in Australia's economy?
because there starting there own business...
Why do central banks playing important role in the global economy?
Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.
What role did irrigation play in the Khmer economy?
A big role
What role do you think the government should play in the economy?
No role the government should play.
