ECONOMICS
CREDIT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
An institution that is legitimately made out of pure gold their head quarters is the most expensive building ever built
|
|
|
A business that provides money related services
|
|
|
If you don’t know this ask Mrs. Permada
|
|
|
Why don’t you know this
|
Detailed explanation-1: -The most common types of financial institutions are commercial banks, investment banks, insurance companies, and brokerage firms. These entities offer a wide range of products and services for individual and commercial clients such as deposits, loans, investments, and currency exchange.
Detailed explanation-2: -The definition of a financial institution typically describes an establishment that completes and facilitates monetary transactions, such as loans, mortgages, and deposits. Financial institutions are a place where consumers can effectively manage earnings and develop financial footing.
Detailed explanation-3: -The 4 most common types of financial institutions are commercial banks, brokerage firms, insurance companies, investment banks.
Detailed explanation-4: -Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions.
Detailed explanation-5: -financial institution. Any organization or business that provides services related to money.