The answer is D. Almost everyone who maintains a savings or checking account uses debit or credit cards or needs a loan.
Financial institutions play a vital role in the lives of individuals, businesses, and governments. They provide a range of services, including:
Deposit accounts: These accounts allow individuals and businesses to store their money safely and earn interest.
Payment services: These services allow individuals and businesses to make payments easily and securely.
Loans: These loans allow individuals and businesses to borrow money to purchase goods and services, invest in businesses, or finance education.
Investment services: These services help individuals and businesses invest their money to grow their wealth.
As a result of the wide range of services they offer, financial institutions are used by almost everyone. Individuals use financial institutions to deposit their paychecks, pay their bills, and save for their future. Businesses use financial institutions to process payments from customers, obtain loans to invest in their businesses, and manage their finances. Governments use financial institutions to deposit tax revenue, make payments to vendors, and manage their debt.
Therefore, the answer is D. Almost everyone who maintains a savings or checking account uses debit or credit cards or needs a loan.