美国经济主要英语国家概况chapter15.pptVIP

Service Industry The largest branch of the economy Private business Financial services Travel and tourism Transportation Trade Entertainment Food services Government services Postal service The maintenance of roads Defense Financial Services——Service Industry The various kinds of financial institutions Commercial banks 商业银行 Saving and loan associations 储蓄与贷款协会 Saving banks 储蓄银行 Credit unions 信用合作社 Mutual funds 共同基金 The functions of banks intermediaries in the flow of money basic means of exchange The ways of consuming Cash Personal checks ——same value as Cash Credits ——make purchase on credit encourage people to spend more money most Americans are in debt Financial Services——Service Industry Central bank——The Federal Reserve System 美国联邦储蓄系统，即美联储 Issues national currency Decides monetary policy such as interest rate Impact on activities of all financial institutions and markets Financial Services——Service Industry New York Stock Exchange (NYSE) ——most famous The factors that affect the price for stocks Government policy The prospect of profit of a company The management of a company Financial Services——Service Industry Bull market 牛市——more people want to buy, price go up Bear market 熊市——more people want to sell, price fall Tourism and Transportation A large resource for tourism Vast areas of parks Points of interests Natural wonders Tourism and Transportation Popular Tourist destina