why were savings and loans (s&ls) originally established?\n to help people invest in small businesses\n to…
why were savings and loans (s&ls) originally established?\n to help people invest in small businesses\n to help people save money\n to help people buy homes\n to help people invest in the stock market
Answer
Brief Explanations:
Savings and loans (S&Ls) were initially set - up to promote home - ownership. They pooled savings from members and provided mortgage loans for buying homes.
Answer:
to help people buy homes