Showing posts with label Money and Banking. Show all posts
Showing posts with label Money and Banking. Show all posts
How Do Inflation and the Rise in Interest Rates Affect Our Money?
Inflation and interest rates are two important concepts in economics and finance that affect how much money we have, how much money we can borrow, and how …
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How Do Banks Create Money in the Economy?
Banks not only deposit your money. They also create new money to circulate in the economy through a system called Fractional Reserve Banking. Using this syste…
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What are the Different Types and Functions of Money?
Photo from freepik.com We use money to make a lot of transactions in our lives, and money can come in a lot forms for different purposes. This is w…
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The Evolution of Banking over Time
In this article, we will learn about the history of banking. Banking is how we manage our money with the help of financial institutions like banks and c…
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What is Money? Why do people need money?
So, you might be wondering what money is. Money is something that we use every day, but we often don't think much about it. Where does money come fro…
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