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4 August, 00:10

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

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  1. 4 August, 00:39
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    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
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