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How did the nationalization of markets affect the economy?
the economy experienced panics
How does the economy affect banks?
Commercial banks - NO. National banks - YES.
Why do government regulate from banks?
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
What are key industries owned by a socialist economy?
banks
When was the first nationalization of banks done?
1956
How did the nationalization of market affect the economy?
the economy experienced panics
How did the nationalization of the markets affect the economy?
the economy experienced panics
How did the nationalization of markets affect the economy?
the economy experienced panics
What are the effects of commercial bank nationalisation in India?
The effects of nationalization of the Commercial Bank in India is that it has had a positive effect on the economy. The natives of the country have directly benefited from nationalization of the bank because they own it.
What are the Importants of banks in the economy?
the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse
How does the economy affect banks?
Commercial banks - NO. National banks - YES.
How banks help expand and maintain the economy?
Banks help expand and maintain the economy by providing loans and credit to businesses.
What is the interest rate on saving accounts in all nationalization banks in India?
Currently it is at a minimum of 2.5 % p.a and banks offer upto 3.5% p.a on savings accounts. p.a - per annum or per year
What happens if banks reduce lending?
It hurts the economy and makes banks lend less which would hurt the economy even more and so on...
Why do government regulate from banks?
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
Why does government regulate banks?
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
