The banking industry has been of much importance in an economic system because it provides financial sustenance to the consumers through bank loans. However, if these bank loans get defaulted, "<span>the economy suffers because banks have less money to loan to others."</span>
The banking industry has been of much importance in an economic system because it provides financial sustenance to the consumers through bank loans. However, if these bank loans get defaulted, "the economy suffers because banks have less money to loan to others."
The main reason why the United States involved itself in a civil dispute on the Korean peninsula in the 1950s was "<span>to exercise the policy of containment," since they were attempting to stop the spread of communism. </span>