Question

“Buy now and pay later," became the slogan of many middle-class

Americans during the 1920s. Installment plans and credit allowed single-
income families to afford new conveniences that were previously
impossible to afford. What were the benefits to consumers and businesses
of buying on credit?*

Answer 1

Consumers received the product immediately, self gratification while businesses profited, selling more products.

Step-by-step explanation:

Consumerism-Thus the roaring 20's. Americans became concerned with the standard of living and more businesses became unregulated, a pro-business model.