Answer:
By encouraging inducement to save and also mobilising savings from the public, banks help to increase the aggregate rate of investment in the economy. This creation of credit, if it is used for productive purposes, greatly larges production and investment and thus promotes economic growth.
how?
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. Bank loans facilitate commerce.
Manufacturers borrow from banks the money needed for the purchase of raw materials and to meet other requirements such as working capital. It is safe to keep money in banks. Interest is also earned thereby. Thus, the desire to save is stimulated and the volume of savings increases. The savings can be utilised to produce new capital assets.
The actual answer is A) The General Assembly set aside 40,000 acres of public land for the University of Georgia in Athens in 1785. I took the test it said that it was right.
Is this for school or what
Step by step explanation:
Answer:
Qualitative Research
Explanation:
According to my research on various research methodologies, I can say that based on the information provided within the question the research method being described is called Qualitative Research. This methodology is defined by scientists as an exploratory research used to obtain a deep understanding of reasons, opinions, and motivation for a certain problem, like similarly mentioned in the question
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Answer:
Most famous sea traders in history who lived on the eastern shores of the Meditteranean Sea about 1100 B.C. They ventured into the stormy Atlantic through the Pillars of Hercules(Strait of Gibraltar) on leaky boats, using only landmarks and the stars to guide them.
Explanation:
