Economy, asked by Khushigautam7695, 1 year ago

Conclusion for my project money and banking

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Answered by m2a3n4p5r6e7e8t9
42
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Answered by Anonymous
69

Money and banking are two basic pillars of any country's economy.Without these two assessments we cannot run any economy.


Money:Money is the main substance for price paying nowadays.We use coins and notes as traditional money and we use different digital currencies like cryptocurrency, Bitcoins as the modern money.



Banking: Bank is a financial institution which can be government operated or can be privately operated.Banks control the flow of money in different aspects,(eg. Loans, Transactions,Credit,Debit etc.)

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