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What was the major financial change between post world war 2 borrowers and borrowers after 1970

1 Answer

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Answer:

People kept borrowing money

Step-by-step explanation:

During the Post WW II there was a boom of jobs and people believed their incomes wouldn't change. On the other hand, after 1970 people inexplicably kept borrowing money despite the fact that there were no post-war paying jobs anymore and of course banks with their money were willing to lend more and more money to these people, so strengthening the banking sector.

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