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Serggg [28]
4 years ago
13

How do banks make money ?

History
2 answers:
svp [43]4 years ago
7 0
Loans , all fees people pay ,
Alex17521 [72]4 years ago
6 0

Answer: mostly interest on loans, and overcharge fees and late fees on credit cards.

Explanation:

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Answer:

Jackson deposited all money of the second National Bank to small state banks.

Explanation:

On 10th September 1833, President Andrew Jackson shut down the Second National Bank of the United States. After shutting down the second National Bank, President deposited all the money into small state banks.

The national bank was shut due to a lack of congressional oversight into financial affairs. He objected that the bank was using unusual political and economic power.

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Change in cultural values

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