What effect did increased credit have on businesses?

A. Families budgeted carefully based on their loan payments.

B. Businesses struggled to get their money back.

C. Consumers continued to have confidence in banks.

D. Small businesses and families stopped using credit.

Question

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Ramsey

12 January, 07:08

What effect did increased credit have on businesses?

A. Families budgeted carefully based on their loan payments.

B. Businesses struggled to get their money back.

C. Consumers continued to have confidence in banks.

D. Small businesses and families stopped using credit.

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Answers (2)

Know the Answer?

Rogelio Collier · Answer 1

B. Businesses struggled to get their money back.

Explanation:

Easy credit caused a lot of people to get more money. The problem happened because those people were the same who could not pay back the money borrowed. This caused a lot of problem throughout the country and many business broke because of it.

Aarav Oconnor · Answer 2

C. Consumers continued to have confidence in banks.

What effect did increased credit have on businesses?A. Families budgeted carefully based on their loan payments.B. Businesses struggled to get their money back.C. Consumers continued to have confidence in banks.D. Small businesses and families stopped using credit.

What effect did increased credit have on businesses?

A. Families budgeted carefully based on their loan payments.

B. Businesses struggled to get their money back.

C. Consumers continued to have confidence in banks.

D. Small businesses and families stopped using credit.