Imagine an economy without banks. would it be more or less difficult for people to reach their financial goals?

more difficult, because it would be much harder for people to save money or obtain loans without banks.

more difficult, because it would be easier for people to obtain loans without banks getting in the way.

less difficult, because without banks people would be less likely to save money.

less difficult, because people would not have to worry about banks charging unnecessary fees.

The correct answer is: " More difficult, because it would be much harder for people to save money or obtain loans without banks".

The basic economic activity undertaken by banks consists on attracting savings from economic agents, by encouraging them to deposit their money in the bank by offering a retribution (interest rate) in exchange. Afterwards, banks use the money collected from savers to issue loans to other economic agents that demand funds.

Therefore, the role of banks is essential because they put money suppliers and demandants in contact and, they foster that economic agents become more incentived to accumulate savings. This shows how financial operations would be much more difficult without banks.

music always has an important role in culture and societies, infact for example rock’n roll music has conditioned different areas of pop culture above all in the 60s. in the modern american society its role is different.

unfortunately many think about how some unfortunate events happened to the columbine high school shootings can be related to rock music just because the teenagers involved listened to this kind of music.

i think that we can valorize the change to take refuge in this genre of music to keep on in everyday life, teenagers are comfortable when they can listen to a song about a specific problem. realizing that someone else is living your personal drama too can them to feel less lonely nowadays.

the three roles stated in the dialogue develop the siblings' personalities.

lloyd's personality looks like a trademarketer

dana's personality is afraid from lloyd's behavior and the oldest sister is a decided person who tries to solve any conflict