Write one paragraph that summarizes clearly why banks are important to the U.S. economy and how government

1 answer:

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Banks are very important to the U.S. economy because they give us loans and help businesses. How government can affect banks is if the government does not have enough money, they can lower how much money they can put in a bank which could affect loans. The federal government should use credit because it would make it easier for people who don't have enough money to pay for things they need like food, water, and cloths. Another reason is that it would be a little easier for people because they do not have to pay directly but the money would be do at a specific time.

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