Ask Question
Social StudiesSocial Studies
4 August, 00:10

How does the banking system of the united states reflect a free Enterprise economy?

+1
Answers (1)
  1. 4 August, 00:39
    0
    Tecnically speaking, Banks are privately owned and could operate without Government's supervision and they are functioned to distribute the wealth through loans and savings

    A free enterprise economy is distinguished by no Government involvement in Economy. So Technically speaking, with the existance of banks, Government does not need to play any role in wealth distriution
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How does the banking system of the united states reflect a free Enterprise economy? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
According to erikson, adolescence is to identity as late adulthood is to
Answers (1)
Child care providers demonstrate characteristics such as A. great mood swings B. an inability to adapt to change C. an understanding of child development D entrepreneurship
Answers (1)
Why did people from China move over to California
Answers (2)
What is the most important factor in predicting whether an individual votes?
Answers (1)
Mr. Davis owns an apartment building on the Upper East Side of Manhattan. He leases a one bedroom apartment to Andrew for a specified period of one year. What type of leasehold estate is Andrew receiving from Mr. Davis ... ?
Answers (1)
New Questions in Social Studies
How is life in a city more rewarding than life outside a city
Answers (2)
How did the location of the Gobi and Taklamakan Deserts, the Himalaya Mountains, and the Pacific Ocean impact early settlement in China?
Answers (2)
Brittany is preoccupied with the pursuit of independence and identity and is spending more time with friends and less with family. Her thoughts are more logical, abstract, and idealistic.
Answers (1)
Which of the following statements is false? a. Countries with high NIR rates tend to have lower literacy rates compared to those with low NIR b. Between 1980 and 2010, the CBR declined in most of Western Europe c.
Answers (1)
what message was washington trying to convey when he warned against the destructive spirit of political parties?
Answers (1)
Home » Social Studies » How does the banking system of the united states reflect a free Enterprise economy?
Sign Up Forgot Password?