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Goshia [24]
3 years ago
10

How did easy credit affect the postwar economy

History
2 answers:
lys-0071 [83]3 years ago
7 0
<span>It helped people spend a lot and this helped the economy grow....at the time
   



    



</span>
Len [333]3 years ago
6 0

Credit is provided to the economic agents a loan under medium or long-term payment conditions, with defined rates. It is an important instrument for business development and financing that drives the economy, such as real estate financing.

After the war, European nations and Japan were devastated. In this way, easy credit was important to finance the reconstruction of these countries quickly.

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