1. DiscussionExplain about bank failures and bank diversifi
1. DiscussionExplain about bank failures and bank diversification that are found below this.Economic history assures us that the health of the banking industry isdirectly related to the health of the economy. Moreover, recessions,when combined with banking crisis, will result in longer and deeperrecessions versus recessions that do occur with a healthy bankingindustry.INSTRUCTIONS:a) Main discussion with 300 word lengthb) Response for the discussion with 200 word length(First response with 200 words length and second response with 200 word length)c) No plagarism and Three referencesd) double-spaced
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