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In Economics / Senior High School | 2025-05-19

where does money come from

Asked by ajlilly07

Answer (1)

Answer:Money comes from two main places: * Central Banks: These are like the government's bank. They can create new money electronically and also print physical cash (coins and banknotes). * Commercial Banks: When banks give out loans, they actually create new money in the form of digital numbers in accounts. This is the main way most money is made in an economy.

Answered by urprettysus | 2025-05-19