1. THE USE OF CREDIT IN AMERICAN LIVES
... or charge account. Cash credit is when money is borrowed, which may either be secured (with collateral) or unsecured. Each type comes in different forms and from different sources to meet different consumer needs. Many credit cards can be used for both. There are many ... so many people were purchasing personal computers, the production costs were lowered. Manufacturers passed these savings on to consumers in the form of lower prices. Growth in the computer industry also financed research and development. This continues to bring innovation and improvements to the computer ... credit. In t...
- Word Count: 1369
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School