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sladkih [1.3K]
3 years ago
9

How do bank loans help the nation’s economy?

History
2 answers:
a_sh-v [17]3 years ago
8 0

Banks provides funds for business as well as personal needs of the individuals. they play a significant role in the economy of a nation. ... help raising the standards of people by providing loans to buy goods,houses and automobiles and which ensures the flow of money in the market and hence the economy will grow. Hope that helped.

adell [148]3 years ago
4 0

They allow businesses to expand and improve. I just took the test.

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