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From course:

Economics A Level (DONEEEEEEE)

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Question:

Why is the Banking Industry treated so Differently to most other Private Firms?

Author: eric_galvao



Answer:

-Banks are Private-Sector Organisations that aim to make Profit for their Shareholders -But the Problems that can occur in a Banking industry can impact and potentially Destroy the Entire Economy of a Nation. -On top of that, A More Profitable Bank means a Riskier Bank. This can be Catastrophic for such a Nation


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