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:
Chlorophyll is a green photosynthetic pigment found in plants, algae, and cyanobacteria. Chlorophyll molecules are specifically arranged in and around pigment-protein complexes called photosystems, which are embedded in the thylakoid membranes of chloroplasts.
Explanation:
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The approaches to poverty that economic sociology offers are
- Conflict theory
- Structural functionalism
<h3>What is the economic sociology?</h3>
This is the branch of sociology that is concerned with the application of sociological principles to the economic and business situations of a place in terms of distribution and exchange of goods.
A sociologist that is studying poverty may also have to focus on the analysis of the way that goods and services are being distributed in a society.
Read more on economic sociology here:
brainly.com/question/26675629
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Far from the Mediterranean coast i believe
