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The installment plans of the 1920s were pretty much the same as any other installment plans. Installment plans are credit systems where payment for merchandise/items is made in installments over a pre-approved period of time. In the 1920s, the items people could purchase with an installment plan included: automobiles, automobile parts, household appliances, radios, phonographs, pianos, and furniture.
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∙ 12y ago
Wiki User
∙ 11y agoThey fueled the growth of the consumer economy.
Wiki User
∙ 13y agothis is the thing that has to do with installment buying. it happened in the 1920s!
Wiki User
∙ 12y agoIt was a thing that you buy thing cheap and then you sell it for a bigger piece
Wiki User
∙ 12y agofueled growth of the consumer economy
Wiki User
∙ 11y agoInstallment plans did not exist in 1920.
Anonymous
people used installment plans to buy many things such as, automobiles, household appliances, homes and furniture.
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What is the installment plan of the 1920's?
The installment plans of the 1920s was the first use of revolving credit in the United States. That, along with some other factors, led to the collapse of the economy in 1929.
Did The Five Year Plans bring glory to Stalin and misery to his people'?
no they did not. they were used to improve the lifestyle of russia.
What word is commonly used to describe the 1920s?
"Roaring" - the Roaring Twenties
What new way of buying goods besides cash started in the 1920s?
Credit became widely used for purchasing consumer good for the first time in the 1920s. Prior to this time it was only used by the very wealthy.
In what year were headphones invented?
Headphones were first used by the military in the late 1920s
What is the installment plan of the 1920's?
The installment plans of the 1920s was the first use of revolving credit in the United States. That, along with some other factors, led to the collapse of the economy in 1929.
In the 1920 people used installment plans to buy consumer goods such as?
household products
How was airplanes used by people of the 1920s?
ddfdsf
What is a Hoover blanket?
newspaper that people used as blankets in the 1920s
What happened to the advertising industry after World War 1?
It became extremely popular. America in the 1920s revolved around business, and there were installment buying. Advertisements obviously persuaded people (even the poors) to buy products; and since poor people didnt have enough money, they used bank credits. Some advertisements dealt with the flappers
What was the use for airplanes in the 1920s?
It was the developing period of the aircraft. It was then used for transportation but only rich people were able to afford it. It was also used in war also. Otherwise there were no purposes of aircraft in the 1920s.
Why were layway and credit plans popular for buying things in the 1920s?
Credit began in the 1920's so people could buy things. They used it to buy a car and other items. Pay wasn't very high so credit gave them a chance to have things.
What type of credit is used to lease a building?
installment credit
How was jazz music used in the 1920s?
Improvisation
Did they have eyeshadow in the 1920s?
They did, and women used a lot of it.
What is the term used fora specific sum of money paid out at specific Intervals?
Installment
What is the term used for a specific sum of money paid at specific intervals?
D - Installment
