The_U.S_Economics_Might_Today

The U.S Economics Might Today Introduction American financial sector grew and expanded into an international financial center during 1970s . At the same time, local banks, securities, exchange and insurance companies grew up. After 1990, the world has changed more rapidly than other times since the World War II ended in 1945. A brand new type of economic and social revolution was underway. The factors that are transforming the world environment and the relationship of the United States within it is technological changed, which is moving faster than at any time in history. The advances in computers and telecommunications had shortened distances, eroded national boundaries, and also enlarged the domain of the global economy. In the process of developing into an international financial center, the United States of America had built up a well-established and unique financial management structure which suited the basic needs of the financial sector. U.S.¡¦s banking sector is a regional center in stock and foreign exchange trading, gold and bond markets. High degree of openness and internationalized financial system The United States of America is the largest international banking center in the world. 25 of the top 100 largest banks have set up branches there . united, states, world, trading, goods, financial, trade, technology, international, new, america, economy, market, high, center, system, foreign, deficit, been, world¡¦s, sector, nation, leading, history, development, british, time, services, sectors, now, japan, industry, import, country, countries