A Financial Innovation That Helped the Growth of a Consumer

question 23

True/False

A financial innovation that helped the growth of a consumer economy in the 1950s was the credit card.

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Definitions:

Maslow's Ideas

The psychological theories proposed by Abraham Maslow, including the hierarchy of needs, which outlines a progression of human needs from basic to self-actualization.

American Corporations

Business entities incorporated in the United States, known for their influential role in the global economy and culture.

Feelings Of Security

Emotional states characterized by a sense of safety, stability, and confidence in facing life's challenges.

Self-Actualization

Self-actualization is a concept from humanistic psychology representing the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.