The Three Main Types of Banks Are

question 4

Multiple Choice

The three main types of banks are:

• A)commercial, investment, and savings.
• B)commercial, savings, and credit unions.
• C)investment, commercial, and credit unions.
• D)savings, finance companies, and commercial.

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Definitions:

Adolescence

The phase of both physical and mental growth that typically happens between puberty and reaching the age of majority.

Pregnant

The condition of having a developing embryo or fetus within the body, as a result of the fertilization of an egg by a sperm.

Psychosocial Crisis

A turning point or critical period in an individual's life where an adjustment is necessary due to a challenge in social, emotional, or psychological development.

Ego Integrity

A sense of wholeness and fulfilled life achievements, typically sought in later adulthood, representing the final stage of Erik Erikson's psychosocial development theory.