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SOL CE.12e
Civics & Economics SOL CE.12e
Question | Answer |
---|---|
What are banks and credit unions? | private financial institutions |
Private financial institutions bring together… | savers and borrowers |
Private financial institutions receive _____ and make _____. | Answer #1 – deposits Answer #2 – loans |
Private financial institutions encourage saving and investing by _____ on deposits. | paying interest |
Who helps provide financial capital (money) to people/businesses to start or grow businesses? | Private Financial Institutions |