How did Credit or Installment Buying contribute to later problems for many?

When people lost their jobs and could no longer make payment that were bought from the store or company that set up the installment plan, banks started to lose lots of money from unpaid installment plans. All of these unpayed loans contributed to the Great depression in 1929. Above is an ad for a typewriter on an installment plan.

Explanation:

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation:

the reform movements that arose during the antebellum period in america focused on specific issues: temperance, abolishing imprisonment for debt, pacifism, antislavery, abolishing capital punishment, amelioration of prison conditions (with prison's purpose reconceived as rehabilitation rather than punishment), the humane treatment of animals, the humane and just treatment of native americans, the establishment of public institutions for the care of the destitute, orphans, blind, and mentally ill, the establishment of public schools, the abolition of tobacco use, vegetarianism, health reform, homeopathic medicine, woman's rights (including, at first, especially the establishment of a woman's right to own property apart from her husband and her right to sue for divorce), and the amelioration of labor conditions (including higher pay, the right to form unions, the right to strike, and the demand for limits on the number of work hours, and safe working conditions).

explanation: