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Why was the use of credit beneficial to the U.S. in the 1800s?

User Aleadam
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2 Answers

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The ability to consume beyond current financial resources, as well as scrutiny from theft and other advantages:)
User Luis Moreno
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This is what I have:

A consumer's ability to borrow money easily allows a well-managed economy to function more efficiently and stimulates economic growth.
User Gregor Wedlich
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