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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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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.
What word is commonly used to describe the 1920s?
"Roaring" - the Roaring Twenties
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 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
