Question

How are banks important to U.S. society?

The government expects banks to pay more in taxes than other businesses.
A person who wants to start a business could borrow money from a bank to get started.
People who want to buy groceries must go to a bank first for approval.
Banks control the currency people deposit in them so people should keep their cash at home.

Answer 1

A person who wants to start a business could borrow money from a bank to get started.

Step-by-step explanation:

One of the main purposes of a bank is that you can borrow money from them and pay the bank back later.