Answer:
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.
Explanation:
Banks play an important role in capital formation, which is essential for the economic development of a country. They mobilize the small savings of the people scattered over a wide area through their network of branches all over the country and make it available for productive purposes
Answer:
The sinking of Lusitania didn't directly cause the United States to enter the war. It did, however, fuel virulent anti-German sentiment in Britain and the United States and hinder diplomatic relations between Germany and the United States
Explanation:
A. They are both ways of categorizing people
