Changes
From Karnataka Open Educational Resources
481 bytes added
, 06:24, 7 October 2013
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| ===Notes for teachers=== | | ===Notes for teachers=== |
| + | Banks are essential for each country’s economy, since no growth can be achieved unless savings are efficiently channeled into investment. In this respect, the lack of a full-fledged banking system has often been identified as a major weakness of the centrally planned economies. Therefore, reforming the banking sector in the former communist countries and creating a new culture of trust and confidence has been a crucial task in the process of transition to a market economy. |
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| ===Activity No # === | | ===Activity No # === |
| {| style="height:10px; float:right; align:center;" | | {| style="height:10px; float:right; align:center;" |