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The installment plans of the 1920s were pretty much the same as any other installment plans. Installment plans are credit systems where payment for merchandise/items is made in installments over a pre-approved period of time. In the 1920s, the items people could purchase with an installment plan included: automobiles, automobile parts, household appliances, radios, phonographs, pianos, and furniture.

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12y ago
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11y ago

They fueled the growth of the consumer economy.

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13y ago

this is the thing that has to do with installment buying. it happened in the 1920s!

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12y ago

It was a thing that you buy thing cheap and then you sell it for a bigger piece

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12y ago

fueled growth of the consumer economy

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12y ago

Installment plans did not exist in 1920.

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Anonymous

Lvl 1
4y ago

people used installment plans to buy many things such as, automobiles, household appliances, homes and furniture.

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Q: In 1920s people used installment plans to buy what?
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