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stich3 [128]
3 years ago
14

What was the Installment plan?

History
1 answer:
sergey [27]3 years ago
3 0

Answer:

The practice of Americans buying consumer goods on an installment plan dates back to the Civil War. Manufacturers realized that more people could afford to buy sewing machines and horse buggies if they bought now and paid later.

Explanation:

Also known as a credit plan (that we still use today)

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