Consumer Credit Dates Back to Colonial Times

question 161

True/False

Consumer credit dates back to colonial times.

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Definitions:

Nikefication

A term referring to the adaptation of a brand's marketing strategies across different cultures and communities, often associating with the global expansion practices of companies like Nike.

Uberization

The transformation of traditional industries in the way that Uber has revolutionized the taxi business, emphasizing platforms that connect consumers directly with providers of goods or services.

Negatively Affects

To have an adverse impact on something, resulting in harm, deterioration, or reduction in quality or value.

Gig Economy

A labor market characterized by flexible, temporary, or freelance jobs, often involving connecting with clients or customers through an online platform.