How government policy affect US banking system Essay

How government policy affect US banking system - Essay Example The demand-deposit control has turned banks into the middle agents and the principal agents in the US payment system and the financial transactions taking place. The costs and the benefits of banking regulation include the major industry changes witnessed that include internet and electronic banking; data processing models improved communication; and the development of more complex risk management and financial instruments (Graig, 1983). Government policy on the banking sector determines the outlook of the banking system, influencing the entry of players in the system and determining who is capable of engaging in the banking business. The policy definitions offer guidance on who can operate a bank, which services can be traded, and models of expansion that can be employed by banks. Banking regulation in the US increases the protection offered to depositors (Ambrose, Michael, &Â  Anthony, 2005). This adjusted effect came after the government recognized that increasing numbers were co nducting their business through banks, and deposits of businesses and individuals were increasing. Banking regulations imposed the improvement of financial and monetary stability. This was introduced in reaction to the recognition that there was an increasing level of transactions and businesses carried out among businesses and individuals (Spong, 2000). ... ation on the US banking structure increased competition among banking sector players, which was expected to improve the quality and the efficiency of the services delivered to customers (Graig, 1983). Government policy and regulation have increased the level of consumer protection observed in the US banking system, through a number of ways. These ways include safeguarding the moneys saved in the bank as well as improving the quality of services offered by banks (Rezende, 2011). The banking legislation and regulation of the 1970s and 1980s led to the development of a more open and competitive banking system. The policies also led to the adoption of technological models that could improve the quality of banking services offered in the US. The effect of the regulation also improved the capacity of banks to serve the increasing number of customers, as well as adapt to the changing economic environment. Some of the regulations that created this effect include the International Banking Act of 1978 (Spong, 2000), which required equitable treatment among both domestic and foreign bankers, in different areas, including reserve deposits, branching and the observance of banking regulations (Spong, 2000). The second was the financial Institutions Regulatory and Interest Rate Control Act of 1978, which sought to eliminate different forms of financial abuses (Federal Reserve, 2010). The Act also increased the capacity of regulatory agencies in avoiding the concentration of management and control. The other is the Depository Institutions and Deregulation and Monetary control Act of 1980 (Spong, 2000), which sought to ensure that the different financial institutions did their business from a more equal and efficient competition ground (Rezende, 2011). Government policy led to the

ELEMENTS OF DESIGN AND STORIES OF SPACE, MEDIA Coursework

ELEMENTS OF DESIGN AND STORIES OF SPACE, MEDIA REPRESENTATION,STEREOTYPES,AND CRITICAL HISTORICAL CONTEXT, ART EUCATION - Coursework Example Many societies in the recent time are struggling with gender roles and positions with women hoping to achieve equity with men (Basten 2012). The initial posting themes also involved the aspect of culture, and especially the Western Culture. Following sources of history relayed through the media in form of advertisement, we are able to identify our culture. The elements of culture are learnable, indigenous people can teach them to people who are alien to a particular civilization. The initial postings explain the role that advertisement plays in the societies and how advertisement influence behavior of adolescents. It seems that the dynamics in advertisement is controlled by changing how we view our history. Education has also been addressed as a theme in the initial postings; these forms of education are achieved through artwork and artifacts in museums. The main type of education being passed by these tools is mainly cultural education. Post 2: Media and Presentations of Gender The most outstanding theme in the postings is the role of the media and that of women. In support of the media, in the past couple of decades children and adolescent are the largest consumers of advertisement with some targeting them directly. These come in the form of entertainment and media technologies. This is mainly because there is a booming market in the media industry that is mainly targeting the youth yet very little is known about their content and objectives. What makes this theme even more relevant is the fact that media and advertisement developers are not clear on the implication of their products on the society. The media aims at facilitating sharing of information across all stages of life but little is done to categorize the information being shared in their platforms. Media through advertisement mainly misleads and misrepresents facts in our history (Basten 2012). The role of women in the society on the other hand is a contentious issue met with different views across the world. The feminists are trying to remodel the rigid norms in the society that degrades women into gender sensitivity. The gender roles in the modern times are viewed as equal and if they were to harm, then they should harm both genders. The postings show how men are fully privileged as opposed to women, the feminists have all the reasons to change the situation around and achieve a more balanced societal environment. Post 3: Advertisement and the End of the World However, some themes mentioned in the posting are weaker and do not have grounds for example the issue of culture and its transmission. The channels of culture transmission according to the initial postings include, museums these reveals tribal arts, folk art and other forms of performances. Each culture has its own unique way of transmitting its own values to its members. Therefore looking for a convectional way of conserving and transmitting culture is not practically achievable. In addition, culture is adopted in a society when it is deemed beneficial by the member s of that particular community. This means that enforcing a culture that is not acceptable in a particular community either through advertisement in the mass media or education systems cannot achieve much success. There is also a tendency of people sticking to their cultural norms and resist change at all costs. The only thing that can change cultural orientation of a particular community is change of approach in their historical background. Changing a cultural setting