In the United States, Banks Are the Most Important Source

question 75

True/False

In the United States, banks are the most important source of long-term financing for businesses.

---

Definitions:

Entrepreneurial Opportunity

A favorable set of circumstances that creates a need for a new product, service, or business.

Creative Inspiration

The process or moment of being mentally stimulated to do or feel something, especially to something creatively.

Distinct Approaches

Unique or different methods or strategies used to tackle problems or tasks.

Prior Knowledge

Pre-existing knowledge, information, or understanding that a person has before learning something new.