3 years ago

What is importance of banks to ecomics

Mathematics

1 answer:

defon3 years ago

5 0

Answer:

They do transactions from such a large distance

Step-by-step explanation:

Banks make it far easier for a complex economy to carry out the extraordinary range of transactions that occur in goods, labor, and financial capital markets. Banks are a critical intermediary in what is called the payment system, which helps an economy exchange goods and services for money or other financial assets.

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What is importance of banks to ecomics​

What is importance of banks to ecomics