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Has credit card buying has become an important part of the economy of the US?
Wiki User
∙ 9y ago
True
Wiki User
∙ 9y ago
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New industry spawned by the mass-consumption economy that encouraged still more consumption?
Advertising ( credit and installment buying")
What is the importance of credit in your economy?
Credit enables the individuals and firms to purchase the important inputs for the production. Generally one businessman has not sufficient amount for the business. So credit is very useful for the business.
What were two signs of weakness in the 1920 us economy?
Two signs of weakness in the economy in the 1920's was that many people were buying on margin which means buying with loans, if people able to pay back the loan the would loose also buying with credit.
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
Is a credit card a type of money in the economy?
Credit is a type of money in the economy. It is a form of temporary currency that is used to buy goods and services.
What can I do to find credit score help for my bad credit?
Credit scores have never become so important as they are right now with the way the economy is going. Financial planners can help the consumer obtain a copy of their credit report and help to deal with troublesome issues on the reports.
Buying on credit?
Buying on credit is also called Buying on Margin
Is buying or selling the products on credit basis a good decision or not?
If you are in business, buying and selling on credit may be a good idea, depending on the product. Two important factors to consider when making a decision about credit are how much the credit will cost you and how much it will improve your business.
New industry spawned by the mass-consumption economy that encouraged still more consumption?
Advertising ( credit and installment buying")
What is the importance of credit in your economy?
Credit enables the individuals and firms to purchase the important inputs for the production. Generally one businessman has not sufficient amount for the business. So credit is very useful for the business.
What were two signs of weakness in the 1920 us economy?
Two signs of weakness in the economy in the 1920's was that many people were buying on margin which means buying with loans, if people able to pay back the loan the would loose also buying with credit.
1920 buying on credit was called buying on?
Buying on Margin
What is Club Penguins number to become a member?
There is no 'number' for being a member! The only way you can become a member is by buying a membership by credit or member gift cards.
Has it become more difficult to receive a Home Equity Line of Credit?
Because of the state of the economy, it has become increasingly harder for someone to receive a line of credit. This is because banks have become more protective of the money that they already have becuase of their prospects for the future.
What is another name for buying on credit?
buying on margin
What is buying stock on credit called?
Buying on margin.
What is buying on credit?
Buying on credit is a program that allows customers to buy now and pay later.
