reedale81
reedale81 reedale81
  • 20-01-2021
  • History
contestada

How did Credit or Installment Buying contribute to later problems for many?

Respuesta :

11631462
11631462 11631462
  • 20-01-2021

Answer:

When people lost their jobs and could no longer make payment that were bought from the store or company that set up the installment plan, banks started to lose lots of money from unpaid installment plans. All of these unpayed loans contributed to the Great depression in 1929. Above is an ad for a typewriter on an installment plan.

Explanation:

Answer Link

Otras preguntas

When should you use the fractional scale of a map?
plz help me i will mark brainliest​
The 50 yard dash measures what skill related component of fitness? Power Speed Agility Balance
Victor is saving for a used car that costs $8,000. He plans to save $500 every month. Calculate how long it would take him to save to buy the car?
Instructions : Répondez dans les phrases complètes. 1. Comment s'appelle-t-elle ? Elle s'appelle What does this say
Chlorophyll is found in chloroplasts inside plant cells. A.True B. False
twenty more than half a number is 70? what is the number?
Anyone know how to do this?
1pt How can you make an observation? A. by using your senses or instruments to collect data B. by forming logical conclusions from data C. when you create a hyp
find the coordinates of B if the coordinates of A are (5,-4) and the midpoint of AB are (3,-2)