Credit became widely used for purchasing consumer good for the first time in the 1920s. Prior to this time it was only used by the very wealthy.
Factories cut production of goods. :]
they stopped buying the imported goods from Britain and the women made their own tea and that started the Boston tea party
they stopped buying british goodsThey stopped buying british goods.
Goods and raw material was brought from the west indies to the colonies.
it was on the acropolis in athens, it was a market and trading center... for buying and selling goods.
Stock market crash due to buying on margin and overextention of credit to buy consumer goods.
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
they stopped buying british goodsThey stopped buying british goods.
There were many aspects to the economy of the 1920s that led to one of the most crucial causes of the Great Depression - the stock market crash of 1929. In the early 1920s, consumer spending had reached an all-time high in the United States. American companies were mass-producing goods, and consumers were buying.
Commerce can be defined as buying and and selling and exchanging of goods and service or it is the study of buying of goods and service
By buying or not buying goods and services is what will determine the economic growth of a country. Failure to buy means that there is low demand while buying implies high demand.
dsestrret
The buying and selling of different goods is called commerce, or imports and exports.
they stopped buying british goodsThey stopped buying british goods.
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
commerce
commerce