1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mezya [45]
3 years ago
6

Describe how buying on credit and installment plans work and why they can be dangerous to an economy.

Social Studies
1 answer:
MatroZZZ [7]3 years ago
8 0
You can borrow too much and go into debt and some people never pay the debt so it is money that the economy never gets back
You might be interested in
PLZ HELP ME!!
timurjin [86]

Answer:

When the Italian explorer Christopher Columbus inadvertently discovered the Americas, it became known as the New World.

In a series of activities which were mostly commercial in nature for the benefit of Europe, crops (such as sugar, tobacco, chocolate, and potatoes), animals (such as horses), European culture, human populations (both slaves and colonial masters), technology, diseases, and new ways of doing things were exchanged between the "New World" and the "Old World"

   

In order to make for smooth colonial administration between the African leaders and the Colonial masters, African leaders were bribed with textiles, rum and manufactured goods from Europe.

Slaves were transported from Africa to the Americas to work on plantations of sugar , tobacco and cotton which were then transported to Europe.  

This trade is what came to be referred to as the Columbian Exchange.  

Europe is said to have benefited more from the Colombian Trade, as there has been a huge shift of resources to Europe , especially gold and silver from the New World and other regions.

Cheers

7 0
3 years ago
The harlem renaissance of the 1920s expanded the influences of african americans by
In-s [12.5K]
Multiple choice or open ended?
8 0
3 years ago
How is the influence of the Dutch still seen in New York City today?
Montano1993 [528]

Answer:

Their sharp-stepped gabled roofs became a permanent part of the landscape, and their merchants gave the city its characteristic commercial atmosphere. The habits bequeathed by the Dutch also gave New York hospitality to the pleasures of everyday life quite different from the austere atmosphere of Puritan Boston.

Explanation:

pls mark brainliest

4 0
3 years ago
Difference between great compromise and 3/5 compromise
seropon [69]
<span>Great Compromise- Should representation in Congress be equal or determined by population? The compromise was two houses of Congress. One in which representation is equal (Senate), and one in which representation is determined by population (House of Representatives) .
Three-fifths Compromise- Should slaves count toward population when determining how many representatives a state could send to Congress? The compromise was that 3/5 of the slave population would be counted.</span><span>
</span>
4 0
3 years ago
What is the serious problem that the world is facing, according to president truman?
Marysya12 [62]
President truman stated that the world was facing aserious threat of communism (socialism) which was eating up the most European countries.
It should be noted that socialism began in USSR( Russia) as a means of making properties and private owned properties to be owned by the community inorder to reduce the wide gap between the rich and the poor.
7 0
3 years ago
Other questions:
  • The ______ movement fought racism segregation and European imperialism all of which restricted the autonomy of Africans.
    11·1 answer
  • If all light waves are reflected off a medium, then what color will be perceived?
    15·1 answer
  • The United States and Canada share
    7·1 answer
  • Which word best describes most of the commandants of the prison camps?
    5·1 answer
  • Question 8(Multiple Choice Worth 1 points)
    15·2 answers
  • Which battle ended the Greco-Persian wars?
    10·2 answers
  • 63% An OTR is evaluating an outpatient client who has a wound on the dorsal surface of the hand. The OTR removes the alginate dr
    13·1 answer
  • Which of these is considered to be the "spark" which ignited World War I?
    9·1 answer
  • What famous singer of the US Constitution and first president of the University of Georgia is illustrated in this picture? A) Jo
    7·2 answers
  • What fruit do revellers in spain eat at the stroke of midnight?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!