Economics B A-Level
The banking sector
What The banking sector means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of The banking sector
Check what you remember
Read the wording for your board, then hide it and explain The banking sector in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Regulation of this industry by the Bank of England aims to maintain confidence and protect the wider economy from bank failures.
Topics that use The banking sector
- The role of the central bank (Pearson Edexcel A-Level)
Related terms
- Base rate
- Central bank
- Central banking
- Financial stability
- Inflation targeting
- Inflationary pressures
- Liquidity and solvency
- Macroprudential regulation
Using The banking sector in the exam
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