How Have Loyalty Programs Become Reward Programs

question 113

Essay

How have loyalty programs become reward programs?

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Definitions:

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at commercial banks and savings institutions.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring the stability of the financial system.

Branch of Government

A division of government with distinct responsibilities, such as executive, legislative, or judicial.

President and Congress

The executive and legislative branches of the United States government, respectively, with roles in making and enforcing laws.