Revista de Gestão Hoteleira e Empresarial
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We Now Have a Wealth Servicing Economy in the United States: How it Happened and Why it Matters

William L. Scott*

Given that economies are characterized by their principal output, the U.S. now shows up to be a wealth servicing economy. In contrast to the previous industrial economy which produced tangible goods for general consumption, the wealth servicing economy offers services that cater to individuals and families with substantial wealth to invest and manage.