please help me out you guys. ASAP?

0 ⤊

please help me out you guys. ASAP?

how has the economy play a role when it comes to people and credit cards. or better yet, how has credit cards effect the ecomony.

2006-09-25 04:59:23 · 4 answers · asked by lala_jonesy 2 in Business & Finance ➔ Credit

4 answers

Credit cards boost the economy b/c people spend more freely.
Just like how loans boost the economy, can you imagine how many people would not own a home if they had to pay cash.

2006-09-25 05:02:22 · answer #1 · answered by Anonymous · 0⤊ 0⤋

credit cards are bad for the economy just like politicians

2006-09-25 12:07:42 · answer #2 · answered by wildone 3 · 0⤊ 0⤋

It hurts the economy some because people max out cards and then don't pay them.

2006-09-25 12:02:18 · answer #3 · answered by bigfree_2005 4 · 0⤊ 0⤋

This sounds like a homework question?

2006-09-25 12:04:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋