Final answer:
Consumer credit helps launch new products by providing funding for development and production, allowing businesses to invest in research and development, build factories, and market their new products.
Step-by-step explanation:
The availability of consumer credit helps to launch new products by providing the necessary funds for entrepreneurs and businesses to develop and produce these products.
When a business has access to consumer credit, they can secure the capital they need to invest in research and development, build factories, and market their new products.
Furthermore, consumer credit allows individuals to purchase these new products even if they do not have the immediate cash on hand, which increases demand and encourages businesses to continue innovating.