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The legislative program that significantly influenced consumer lending policies during the Great Depression was the National Industrial Recovery Act (NIRA) of 1933. This act aimed to stimulate economic recovery by promoting fair competition and establishing codes of fair practices. It encouraged the development of consumer credit by providing a framework for loans and credit practices, which led banks to recognize the profitability of consumer lending. This shift helped lay the groundwork for the modern consumer credit industry.
What else can I help you with?
What nation established a profitable fur trade in the new world?
Canada
What part did the consumer goods play in causing the great depression?
Speculation on consumer goods helped to drive the Great Depression. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand
How did Great Depression recover?
Wars are profitable. The idea of creating jobs and pumping the economy with new interstates, along with production of ships/tanks/vehicles/guns/helmets/etc really pumps an economy. Most wars are extremely profitable for many countries.
What caused the quiet depression in agriculture during the 1920?
The farm depression was caused because of agricultural failure of many crops which forced farmers to begin selling what other almost non-profitable crops which they had little of to markets and a lot of them lost a lot of money trying to restore the failed crops. This caused little farm goods to be accumulating in markets which made citizens spend less money which led up to the Great Depression.
How does Caral Schurz counter the argument that annexation of the Philippines was necessary to make the nation a commercial market for the US?
He did not agree with the notion that in order for a country to be profitable, it had to be owned. He also thought that etc.hope this is the answer you are looking for dont know if its right but it should this is what i sead on this note.
What was profitable import produced by?
The most profitable import was produced by collective farming. Collective farming was a thriving business during the Great Depression era.
What nation established a profitable fur trade in the new world?
Canada
Is M3M My Den a profitable project for commercial investment?
Yes, very
Which is the world's most profitable bank?
Industrial & Commercial Bank of China Ltd
What is another word for commercial?
profitable, retail, pecuniary, economic, profit-making
What was the first successful product from the island of Curacao?
Although a few plantations were established on the island by the Dutch, the first profitable industry established on Curaçao was salt mining.
Is fishing for krill in Antarctica profitable?
The Antarctic Treaty prohibits commercial fishing south of 60 degrees S Latitude.
What are the advantages of renting commercial property over buying commercial property?
Renting commercial property versus buying it is going to be the most affordable route and thus the most profitable. If buying is an option, then of course it would be a good investment.
Why do they have Super Bowl commercial?
because they can charge more for airtime because alot of people watch the super bowl and it's profitable
What part did the consumer goods play in causing the great depression?
Speculation on consumer goods helped to drive the Great Depression. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand
How did Great Depression recover?
Wars are profitable. The idea of creating jobs and pumping the economy with new interstates, along with production of ships/tanks/vehicles/guns/helmets/etc really pumps an economy. Most wars are extremely profitable for many countries.
Is Tesco a profitable or non profitable company?
They are profitable.
