<u>The financial services and products often offered by financial institutions are as follows:</u>
Accepting deposits- The primary function of a financial institution is to accept deposits. Financial institutions accept deposits and the money is stored in the accounts for which interest is provided.
Lending loans- Financial institutions lend loans against a collateral which has to be submitted before raising one. The loan has to be repaid at an interest rate.
Internet banking- Today it is possible for people to carry out their operations in the internet. One can transfer money to other accounts and deposit money in the accounts using the internet.
Certificate of Deposit- It is a product offered by banks where people can deposit money for a fixed period of time for which interest rate will be provided.
Demat- Also known as dematerialization, it is the act of preserving the securities and shared of a person in an electronic format. A person is appointed to take care of the same who will scan the physical copies of the share, enter its details and upload the same in an online database.
Answer:Some reasons for South Korea's economic success are electronics, automobiles, telecommunications, shipbuilding, chemicals and steel. The reason for the recent downturn is because, South Korea has an export driven economy so the trade-war going on between Beijing and Washington is negatively affecting the electronic and telecommunication industry which is were most of South Korea's economic stability came from. Right now, South Korea is facing one of its worst two year growth periods in more than half a century
Explanation:
The Americans won the war bc they had British on there side and the noth on there side to help them win
The battles of Lexington and Concord were the first battles of the American Revolutionary War. The American Revolutionary War was fought between Britain and the American colonies. The Americans were victorious in this revolution which lead to Declaration of Independence that caused the founding of the United States of America. So these battles were significant to America’s history because they lead to the birth of a new independent country.
