Banks and other financial institutions use savings deposits to help borrowers by using deposits to make loans.
Answer: Option A
<u>Explanation:</u>
- The two important functions of a bank are to lend loans and accept deposits. Bank accepts deposits from people for which interest is provided to them.
- With loans being one the core functions of a bank, these loans are given to borrowers through the deposits made by the people.
- This is done to ensure that the cycle of cash and money is maintained in the economy. Based on the need and requirements, the cycle is accelerated or slowed down.
Your answer is c
I hope this helped
A and C can work and D is partially true I would go with a or d tho
<span>Many democratic nations in Europe developed welfare states during the 20th century. All of the following are elements of a welfare state, except C. government ownership of farmland.
You can use the system of elimination here - it's a great thing in a country to have old-age pensions, unemployment insurance, and government-provided health care. What is not as good is when government owns farmlands - it's better for the people to own it.
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Too weak central gov<span />
