180k views
1 vote
What legislative program established during the great depression helped shape consumer lending policies that convinced commercial banks that consumer credit would be a profitable industry?

User Yargicx
by
7.3k points

1 Answer

6 votes
the answer for this question is: The new deal
The new deal is created in order to help United States' citizens to regain their footing within the near collapsing economy.
By helping the lending policies, it will be easier for the citizens to borrow some amount of capital in order to opened up new businesses.
User Erik Pearson
by
6.9k points