Why are banks necessary for a country?  The banking system plays an important role in the modern economic  world. Banks collect the savings of the individuals and lend them out to  business- people and manufacturers. Thus, the banks play an important  role in the creation of new capital (or capital formation) in a country  and thus help the growth process.  Why was banks created?  Key Takeaways. Banking institutions were created out of a need to  satisfy the market to provide loans to the public. As economies grew  banks allowed the general public to increase their credit and make  larger purchases. 			  				  												  								  									 								  							  											  						 Beauty   						  							  								Finding the Perfect Boyfriend Jeans for Your Body Type							  						  						 Finding the Perfect Boyfriend Jeans  for Your Body Type Boyfriend jeans have been on trend for several years  now, and they’re nowhere near going out of style. These comfortable and  laid-bac...
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  How does temperature affect active transport?  Rate of active transport increases with increase in glucose  concentration due to increase in the rate of energy production.  Temperature affects the enzyme controlled respiration process. An  increase in temperature increases the rate of respiration since the  enzymes become more activated.   https://fitnesslifestylecanada.blogspot.com/   https://ketoweightlossfast.blogspot.com/   https://mdnewshealth.blogspot.com/   https://freemoviesdownloads2020.blogspot.com/   https://weightlossfitness121.blogspot.com/   https://acnehelpproblems.blogspot.com/   https://diabetescaresystem.blogspot.com/     What is the role played by banks in the economy?  Banks play two major, closely related roles in the economy. They  serve to provide the loans that allow a great deal of consumption and  investment to occur and they increase the supply of money. Businesses  generally need to borrow money to expand or upgrade their capacity.  Banks lend mon...