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23 January, 03:36

Why are banks important to the U. S. economy and how do government actions affect how banks operate?

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  1. 23 January, 07:26
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    The banking system is crucial for the functioning of the US economy because they make loans and create credit. Without loans many people wouldn't be able to buy a house or a car, and the economy would collapse. Government regulates the banks to make sure they are being fair to their clients.
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