The Importance Of The Service Industry On The Economy Of The United States

Running Head : The importance of banks in U .SNameUniversityCourseTutorDateExecutive SummaryThe question studies the importance of the attend constancy on the miserliness of the mix States particular attention to the banking patience . The role of the banking attention in the economy has been explained as well as the challenges currently bet up the persistence . A brief analysis of the misfortune of the banking industry in the recent global economic crisis has been assessed . The conduct mingled all the stakeholders in the banking sector to collect selective information . The data was collected through the use of questionnaires and analyzed using the SPSS manakin 14 computer package . The conclusion of the research provides that the banking industry has been of great importance but has contributed to several economi c problems . in conclusion , the researcher recommends that the U .S .

government should improve its regulatory measures upon the activities of the banking industryIntroductionEconomists refer that the products produced in an economy can be shared out into induce : goods and serve . The goods be the tangible products while the services are intangible . The service industry has grown staggeringly in the economy of U .S . the banking sector is one of the sectors in the service industry which provides the services of money transfer , providing loans , consultancy among others . The rush of the industry is to prom ote monetary services in the economy for a v! ibrant economic growth in U .S . the goals of the industry is to ensure profitability of all sectors...If you want to belong a full essay, order it on our website: OrderCustomPaper.com

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