Nowadays, public funds are maintained by the banks and they are usually backed by the power. In a difficult situation, sometimes these bank faces tremendous trouble regulating capital it happens due to lack of instant fund, people opine that in a situation of financial crisis government should help the banks. In my opinion, I agree with the statement and I think government should provide essential funds to the bank.
First of all, government is the main handler of a country, and it has the responsibility to provide assistance to people whenever needed. In other words, in situations of disasters, government should take stand and should come forth in helping the public areas. For example, in America, when the great depression occurred, the US government initiated the procedure to help the banks but it turned out to be a fail as they made the call late. further, there are cases where the law had no interaction and the country went to financial breakdown.
Secondly, government makes the norms on which banks operate and thus they are bound to the restrictions. Official should look after the bank during money crisis because due to these restrictions, which are imposed by the government the banks get collapses. For instance, government restricts banks to lend money to the clients which take loads of money to the bank in terms of loan for investment purposes. This stops the cash flow in the market and people have to suffer.
To encapsulate, banks are dependent on ministry and in case of financial crisis they face a lot of issues. I believe banks are the backbone of a country and they are responsible for the growth and the regulation of money, in the hard situations state can provide them wealth so that economy of provincial can remain stable.
Nowadays, public funds
are maintained
by the
banks and
they are
usually
backed by the power. In a difficult
situation
,
sometimes
these
bank
faces tremendous trouble regulating capital it happens due to lack of instant fund,
people
opine that in a
situation
of financial crisis
government
should
help
the
banks
. In my opinion, I
agree
with the statement and I
think
government
should provide essential funds to the bank.
First of all
,
government
is the main handler of a country, and it has the responsibility to provide assistance to
people
whenever needed.
In other words
, in
situations
of disasters,
government
should take stand and should
come
forth in helping the public areas.
For example
, in America, when the great depression occurred, the US
government
initiated the procedure to
help
the
banks
but
it turned out to be a fail as they made the call late.
further
, there are cases where the law had no interaction and the country went to financial breakdown.
Secondly
,
government
makes
the norms on which
banks
operate and
thus
they
are bound
to the restrictions. Official should look after the
bank
during
money
crisis
because
due to these restrictions, which
are imposed
by the
government
the
banks
get
collapses.
For instance
,
government
restricts
banks
to lend
money
to the clients which take loads of
money
to the
bank
in terms of loan for investment purposes. This
stops
the cash flow in the market and
people
have to
suffer.
To encapsulate,
banks
are dependent on ministry and in case of financial crisis they face
a lot of
issues. I believe
banks
are the backbone of a
country and
they are responsible for the growth and the regulation of
money
, in the
hard
situations
state can provide them wealth
so
that economy of provincial can remain stable.
11Linking words, meeting the goal of 7 or more
27Repeated words, meeting the goal of 3 or fewer
4Mistakes