asked 138k views
0 votes
During the 1920s, how did credit card debt play a role in causing the Great Depression?

1 Answer

3 votes
People used credit cards to buy goods and services and could not pay off their credit card debts. This caused many stores to go bankrupt.
answered
User Hanif
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.