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faltersainse [42]
3 years ago
8

What is considered the backbone of the economy? a. loans b. banks c. the stock market

History
2 answers:
viktelen [127]3 years ago
6 0

Answer:

i think it is the stock market

Explanation:

timurjin [86]3 years ago
3 0

It is B banks

The banking sector is the backbone of any financial system and economy. Commercial banks play an important role in the development of both underdeveloped and developing economies by the mobilization of resources and their better allocation.

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