226k views
24 votes
Many families began buying goods on credit and installments in the 1920's. What was risk about this practice?

1 Answer

13 votes

Buying on credit eventually left people in debt because they had to owe money to someone else, this eventually led to a domino affect that then brought the great depression.

User Mincong
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.