1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stella [2.4K]
3 years ago
11

Why are banks important to the U.S. economy and how do government actions affect how banks operate?

History
2 answers:
Mumz [18]3 years ago
8 0

Explanation: Banks are important because it can help people build their own house and multiple businesses. The important thing to remember is credit is not free money. The government can affect the bank by the interest fees and any other kinds of fees. Plus, the banking system is cruel because the functioning of the U.S economy is making the loans and creating credit. Because of the loans people now know and without the loans nobody would be able to pay for anything they want. The government regulates the banks to make sure the congress and others are being equal to others.

lys-0071 [83]3 years ago
4 0
The banking system is crucial for the functioning of the US economy because they make loans and create credit. Without loans many people wouldn't be able to buy a house or a car, and the economy would collapse. Government regulates the banks to make sure they are being fair to their clients.
You might be interested in
How did the Chinese benefit from being ruled by the mongols
Vinvika [58]
The chinese peasants and peasant economy got a general boost in the amount of rights that they had, as the Mongols were herdsmen themselves (kinda).

hope this helps
4 0
3 years ago
Read 2 more answers
World war i was known as a "total war" because it involved the efforts of many civilians in addition to the military. today, how
Sati [7]
If the story of "All Quiet on the Western Front" was told today, the story would be much different, especially if it was told from the viewpoint of an American soldier involved in the War on Terror. First, the protagonist would not be coming from a nation that is in a state of total war.  The War on Terror is a limited war and does not require the undivided focus of the American government, industry, and economy.  A soldier, today, would likely be volunteering to join the military, instead of being all but forced to like the characters in "All Quiet on the Western Front."  Second, the total detachment the soldiers in "All Quiet on the Western Front" feel from their civilian lives would not be as pronounced, given how today's soldiers are able to communicate with their friends and family back home by way of email, online chat, and quicker postal service.  Thirdly, today's American soldiers are provided with far better and more extensive military training than the soldiers in "All Quiet on the Western Front" are, hence they would be more prepared for the combat experiences they must endure. 
4 0
3 years ago
What were the provisions of the agreement with Panama giving the United States the rights to build the canal?
aev [14]
To gain something out of that canal
4 0
3 years ago
- What was not<br> a cause of World War 1?
Kazeer [188]

Answer:

liberalism is not the cause of World War I.

Explanation:

HOPE THIS HELPS!

3 0
2 years ago
Explica por qué las características geográficas de Grecia facilitaron la aparición de pequeñas ciudades estado y animó a que los
Setler79 [48]

Answer:

A

Explanation:

6 0
3 years ago
Other questions:
  • The population of Texas has grown substantially in the 2010s. Which characteristic of land in Texas MOST LIKELY makes it such an
    8·2 answers
  • Which presidential candidate completely opposed the spread of slavery to western territories? anwers?
    15·2 answers
  • 2. the reasons for South Korea's economic success and recent downturn.
    13·1 answer
  • How did sargon build an empire?
    6·1 answer
  • What was the political cause for the French revolution?​
    10·1 answer
  • How did the controversy over the election of 1876 affect Reconstruction?
    13·2 answers
  • Need help on 7 and 8
    14·1 answer
  • Which of the following was not a result of the Cuban Missile Crisis?an easing of a)tensions in the Cold War
    9·1 answer
  • 3. What did the people mentioned in #2 tell about the Native Americans
    14·2 answers
  • Essay on French revaluation
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!