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What happens when bank never existed? What coulde be the remedy of every society to cater the need ?

Sagot :

Answer:

If there are no banks, the one with muscle power would own the largest chunk of money. Apart from this, people would shift to barter system and no one would trust other's intension to pay for goods and services.  People would spend lot of time in queues for paying electricity, mobile, telephone, cable and gas bills.

Explanation: