美国经济主要英语国家概况.ppt

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
banks
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
business to raise capital
investors to invest their surplus fund in stock shares
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
Stock
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