Question

十万火急求大神帮忙写英语作文（300字），这个涉及很重要的期末成绩，题目如下

Are banks necessary? Why? Imagine the situation if most banks went bankrupt because of the crisis.
about 300 words
如果写得好追加30分！感谢 十万火急啊！

Answer 1

要写成什么水平？
My answer to this question is YES. Banks play in the development of industry and wealth. It is more than just an institution for people to save or withdraw money. The real nature of banks is exchange. Without exchange, when man was in the savage or pastoral stage, he produced for himself everything he consumed.For example,(自己举几个例子，比如生产面包的要花钱买面粉，付工资给工人直到面包售出等等，一个例子约三十来个词吧)。These conditions would be as nearly impossible without banks as would be an efficient exchange system without money

Furthermore, If everyone who needed to borrow money was forced to search about for someone who had just the right amount to loan, there wouldn't be much business.

On top of that, banks are storehouses where the equivalent of money may be accumulated and loaned for the purpose of creating more wealth.

if most banks went bankrupt after the crisis, that would be a disaster to the economy. Even though most deposits (such as savings and checking) at registered banks may insured by the government (also in some cases you could not get all your money back according to your account type and balance). People stll lost big time and didn't trust anyone to hold a nickel. If we do have a major bank collapse, it will domino from one to another and the losses will be more than can be covered.