why are banks important to producers?

Question

a. Bank loans allow more people to buy products and homes.
b. Savings accounts allow a way to make interest off profits.
c. Checking accounts give a way to take payments from customers.
d. Credit cards give producers low-interest loans of small amounts.

Answer 1

a. Bank loans allow more people to buy products and homes.
c. Checking accounts give a way to take payments from customers.