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New industry spawned by the mass-consumption economy that encouraged still more consumption?
Advertising ( credit and installment buying")
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.
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.
Why is credit an important part of the economy and how does it impact financial stability and growth?
Credit is important in the economy because it allows individuals and businesses to borrow money to make purchases or investments. This helps stimulate economic activity and growth by enabling people to buy homes, start businesses, and make other important financial decisions. However, too much reliance on credit can lead to financial instability if borrowers are unable to repay their debts, which can have negative effects on the economy. Therefore, maintaining a balance between access to credit and responsible borrowing is crucial for financial stability and growth.
Why is consumer credit important to our economy and how does it impact overall economic growth and stability?
Consumer credit is important to our economy because it allows individuals to make purchases and investments that they may not be able to afford upfront. This stimulates economic activity by increasing spending and demand for goods and services. However, excessive consumer credit can lead to debt burdens and financial instability, which can negatively impact economic growth and stability. It is important for consumers to use credit responsibly to maintain a healthy balance between spending and saving.
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
New industry spawned by the mass-consumption economy that encouraged still more consumption?
Advertising ( credit and installment buying")
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.
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.
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.
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.
What is another name for buying on credit?
buying on margin
What is buying stock on credit called?
Buying on margin.
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 buying on credit?
Buying on credit is a program that allows customers to buy now and pay later.
