Which Notion Had to Be Undermined in Order for the Credit

question 43

Multiple Choice

Which notion had to be undermined in order for the credit card to take hold as an integral part of consumption?

• A) thrift
• B) "waste not want not"
• C) delayed gratification
• D) a penny saved is a penny earned
• E) commodification of conscience

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Definitions:

Shipping Cost

This term refers to the expense associated with the logistics of transporting goods from the seller to the buyer.

Just-In-Time Practices

Manufacturing and inventory strategy where materials and products are produced or acquired only as needed for use, reducing waste and inefficiencies.

Railroads

Transportation systems comprising tracks, trains, and supporting infrastructure that serve as a method for moving goods and people over long distances.

Postponement

The delay of any modifications or customization to a product as long as possible in the production process.