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Buying on Margin
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∙ 13y ago
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Buying on credit?
Buying on credit is also called Buying on Margin
Buying stocks on credit is called?
margin
What does credit factoring mean?
Credit Factoring is where a business sells its invoices to a third party at a discount. In credit factoring, the third party buying the invoices is called the factor.
When was credit invented?
1920
What is buying on credit?
Buying on credit is a program that allows customers to buy now and pay later.
Buying on credit?
Buying on credit is also called Buying on Margin
What is buying stock on credit called?
Buying on margin.
When was buying on credit introduced?
Buying on credit was first introduced in the 1920's. It was a result of new inventions being discovered and businesses hiring people to make these new inventions.
Buying stocks on credit is called?
margin
What two events that occurred around 1920?
The automobile assembly line and readily available credit for buying automobiles
What two events occurred 1920 drastically changed the typical American consumer's buying habits?
The automobile assembly line and readily available credit for buying automobiles
What two events that occurred around 1920 drastically changed the typical American consumer's buying habits?
the automoblie assembly line and readily available credit for buying automoblies
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 does credit factoring mean?
Credit Factoring is where a business sells its invoices to a third party at a discount. In credit factoring, the third party buying the invoices is called the factor.
When was credit invented?
1920
Why were layway and credit plans popular for buying things in the 1920s?
Credit began in the 1920's so people could buy things. They used it to buy a car and other items. Pay wasn't very high so credit gave them a chance to have things.
In the 1920's many American consumers began to adopt the practice of buying goods on credit?
buying on credit was the "item" that lead to the great depression. * people started buying luxury items * people borrowed money to invest in stocks * thought they could repay the loan when they sold their stocl or profit * b/c of so much buying; people were making ALOT of money * stores sold LOTS of goods; that made value of stock rise * at some pojnt; people could no longer buy things b/c they had spent all their money into paying off their credit * inflamation started; that lead && started the great depression
