Quick 4 Financial insitution questions. 200 words each question. Need it in a few hours.

1.What are the eight basic facts that support the reason for having financial institutions? Your response should be at least 200 words in length. 2.What can financial institutions offer in terms of transaction costs vs. alternatives? Your response should be at least 200 words in length. 3.What were the effects of the 2007-2009 Financial Crisis? Your response should be at least 200 words in length. 4.What are the three-stages found within a financial crisis for the United States? Your response should be at least 200 words in length. 

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