History of the United States II / Unit 9 USH2 1210 short lesson, about 20 seconds
Buying on Credit
Captions available
The idea
By nineteen twenty-seven, the Yawp says, more than sixty percent of American cars were sold on credit, and installment plans covered nearly every large purchase.
In practice
Household appliance spending growing by more than one hundred twenty percent between nineteen nineteen and nineteen twenty-nine.
Where people slip
Unit three built the mechanism of store credit; the nineteen twenties spread it across the country.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
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