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Tomtit [17]
3 years ago
13

Explain how a more modern banking system helped the shift to a more market based economy.​

History
1 answer:
Anika [276]3 years ago
4 0

Answer:

It because the banking sector is an industry and a section of the economy devoted to the holding of financial assets for others and investing those financial assets as a leveraged way to create more wealth. The sector also includes the regulation of banking activities by government agencies, insurance, mortgages, investor services, and credit cards

Explanation:

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