When Did Installment Credit Explode on the North American Scene

question 109

Multiple Choice

When did installment credit explode on the North American scene?

• A)Just after World War II
• B)with the advent of television in the late 1940s
• C)with the advent of the automobile in the early 1900s
• D)during the recession of the 1950s
• E)during the inflation of the 1970s

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Definitions:

Stress

A psychological and physical response to external pressures or threats, impacting one's emotional and physiological state.

Road Rage

Aggressive or angry behavior exhibited by motorists, which can include gestures, verbal insults, physical threats, or dangerous driving actions directed toward other drivers in an effort to intimidate or release frustration.

Eustress

Positive stress that is beneficial for the individual, often associated with improved performance and positive feelings.

Poverty-related Stress

The stress experienced due to the hardships and challenges associated with living in poverty.