Which of the following is not a true statement? After 1970, consumer debt skyrocketed. Americans learned to borrow amidst post-W

Question

3 years ago

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Which of the following is not a true statement? After 1970, consumer debt skyrocketed. Americans learned to borrow amidst post-W

WII prosperity. The credit industry in America has not changed much since 1917. As banks made higher profits, they were willing to lend more money to consumers.

Social Studies

1 answer:

Alexus [3.1K] · Answer 1 · 2022-02-13T15:12:22+03:00

Alexus [3.1K]3 years ago

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Answer:

The credit industry in America has not changed much since 1917.