Economic recessions since the great depression

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1. How does the most recent 2008-09 recession differ from most other economic recessions since the Great Depression?

2. What is a bank? How does a bank differ from most other financial-service providers?

3. Which businesses are banking's closest and toughest competitors? What services do they offer that compete directly with banks' services?

4. Why are banks special?

5. What is a financial intermediary? What are its key characteristics? Is a bank a type of financial intermediary?

Reference no: EM132598055

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