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krok68 [10]
3 years ago
6

Please help me!!!!! :(

History
1 answer:
irina [24]3 years ago
4 0

1. The concept of credit to pay for goods

2. Increase consumer spending because people think they can afford more

3. Increase company production and wealth as well as improve the quality of life of consumers

4. Depending on too much credit makes large debts that the company loses money and the consumer can’t pay off, interest rates make them lose more

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