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2.4 student intro-activity banked vs unbanked students research u.s. un…

Question

2.4 student intro-activity banked vs unbanked students research u.s. unbanked statistics (by age, race, income, location). define unbanked:

Explanation:

Brief Explanations

The term "unbanked" generally refers to individuals or households who do not have a checking, savings, or other formal bank account. This lack of access to traditional banking services can be due to various factors such as low - income, lack of financial literacy, or living in areas with limited banking infrastructure.

Answer:

Individuals or households without a checking, savings, or other formal bank account.