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Hire Purchase |
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Hire Purchase |
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? Mentioned in | ? References in periodicals archive | |
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| New moderately priced goods, fueled by installment buying and aggressive advertising, turned citizens into consumers. Not only did he invent the reaper, which provided the basic DNA for today's combines, he invented installment buying, which allowed American farmers to get the machines they needed for increased harvests. Calder argues that low rates of loan delinquency and default demonstrate that prudence, saving, and industry survived in the world of installment buying and household credit. |
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