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5 cards from this section. Quick, good the night before a test.
What are the three types of deposits banks accept?
Think of the types of accounts offered by banks.
Name one agency function of commercial banks.
Consider tasks a bank can handle for you.
What types of accounts do banks generally accept deposits in?
Think about accounts where money can earn interest.
True or False: Commercial banks provide loans to individuals and businesses.
Consider the services banks are known for.
Discuss the role of commercial banks in promoting entrepreneurship within the economy.
Focus on how loans and credit facilities can spur business innovation.
Evaluate the impact of online banking on traditional banking practices and customer behavior.
Consider both positive and negative effects.
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