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Q: How did easy credit affect the postwar economy?
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Related questions

What helped the weakness in the economy in the 1920s?

Easy credit helped hide the weakness in the economy in the 1920's.


What helped hide weakness in the economy in the 1920s?

Easy credit helped hide the weakness in the economy in the 1920's.


What helped hide the weakness in the economy in the 1920?

Easy credit helped hide the weakness in the economy in the 1920's.


What helped hide the weakness in the economy in the 1920's?

Easy credit helped hide the weakness in the economy in the 1920's.


Why did the economy appear strong during the 1920's when really wasn't?

Easy Credit


How did easy credit contribute to the boom times in the 1920's?

With easily available credit, people were able by many things that were beyond their means. With so much money being spent on credit, the economy boomed.


How didmcdonald and fast food affect people of 1950's?

It gave an easy way to get food, and was boosted by the post war economy.


Is it easy to apply for credit if you have no credit history?

"It is easy to apply for credit anywhere, however it may not be as easy to get approved for the application. Some cards will give you a chance, but they will have high interest rates."


Does unsecured loan affect the credit score?

Not only unsecured loans, but any loan you take affect your credit score.If you are paying the EMIs regularly without delay then it will boost your credit score and vice-versa.If you are interested in taking any loan then you can visit gosahi com, submit your details and choose the bank with best interest rates. It's as easy as that.


Why are unsecured credit cards easy to get?

Unsecured credit cards are easy to get because they have no restriction and anyone can get them. You do not need a good credit history or an account to get one.


Will a settlement of my credit card debt affect my FICO score?

Yes, any time you fail to make payments or settle a debt, it will affect your credit. You will also have to pay taxes on the amount written off! Yes it will effect your score. It is usually easy to get creditors to except a settlement amount but that can be looked upon badly with new creditors in the future.


How did the development of hire purchase affect America in the 1920's?

The development of hire purchase, which means the purchase of goods on credit, was very prevalent during the 1920s. The ability to buy on credit, shares a part in the conspicuous consumption and easy credit to unworthy candidates that contributed to the stock market crash and the Great Depression.