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Anni [7]
3 years ago
6

How are banks important to U.S. society?

History
1 answer:
iogann1982 [59]3 years ago
5 0

Commercial banks play an important role in the financial system and the economy.They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities. These financial services help to make the overall economy more efficient.

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