What was the purpose of the national credit corporation what was the purpose of national credit corporation does it no

the purpose of the NCC was to prevent further economic depression in 1931.

Explanation: with the use of credit people could pay for items such as cars through installments until a certain date. the NCC not only created a larger market for high priced goods it also fixed the economy by allowing people to pay off an expensive item through credit. people could later afford to buy 2 cars because of the NCC allowing for consumerism to prosper.

one of the main reasons was definitely slavery. back in 1861, republican abraham lincoln was elected and ended up being a major influence in the slavery business. slavery greatly affected the texas economy because back in 1845 during the annexation of texas, slaves became a big part of the texas population. many texans that were in favor of the secession influenced groups through party ties.

d

explanation: