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.
1. How were banks regulated between 1836 and the civil war?
No. The Government oversees the operations of all the banks but it does not own them. Nationalized banks are partially owned by the government but private banks are not owned by the government.
They are being regulated because it is likely they will try to get more money from customers, which will put the economy out of shape
No. The US government has a minority ownership in some, but not all banks. Most banks have no government ownership.
NO first the Government then the banks then everyone else.
Every part of the gun is regulated by the government.
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.
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.
Banks are regulated by a general set of regulations outlined in the United States law. Banks, for example, are regulated on the amount of APR they can set for loans. This keeps banks "in-cheque"(pun intended) and disallows them from taking advantage of people.
1. How were banks regulated between 1836 and the civil war?
they are regulated by the government
1. How were banks regulated between 1836 and the civil war?
1. How were banks regulated between 1836 and the civil war?
No. The Government oversees the operations of all the banks but it does not own them. Nationalized banks are partially owned by the government but private banks are not owned by the government.
government bank
They are being regulated because it is likely they will try to get more money from customers, which will put the economy out of shape