By providing consumers and investors with loans banks have the economy grow.
A true
B false
A true
A true
B false.
Banks provide loans to consumers and investors, but it is not solely responsible for the growth of the economy. While loans provide capital for business expansion and consumer spending, economic growth is influenced by several factors, such as government policies, technological advancements, global economic conditions, and consumer confidence. The banking sector plays a significant role in the economy by facilitating lending, but it is just one component of a larger economic system.