Conduct an online research on any consumer services industry to determine the competirive nature of the industry, both domestic and global. Also analyze the role of the economic system that the industry operates in and the local and international laws that affect the industry

Explanation:

From the research conducted it was gotten that the consumer services industries in United States are hospitality, financial service industries, education and others like in that category.  

Outsourcing services has become more easier and efficient with the help of virtual technology in the united State of America. For instance, person who works as a programmer can do his work to the companies that are in other part of the world with no need to travel or even to meet the people he provide his services for. Services been exported to countries in other part of the world are web design , accounting , computer programming, and customer care. Developing countries has seen an increase in availability of education because of the competitive nature of the programming industries that supplies with many workers.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.