Buying — On Credit 1920s Canada

: Families used credit to buy automobiles, radios, refrigerators, washing machines, and vacuum cleaners.

: Before modern credit cards, shoppers opened credit accounts at specific retail stores, identifying themselves with numbered metal charge tokens. buying on credit 1920s canada

Credit expansion was not limited to physical goods; it also fueled the "bull market" of the late 1920s through . 1920s consumption (article) - Khan Academy : Families used credit to buy automobiles, radios,

: Prairie farmers used credit to mechanize their operations with new combine harvester technology, while families upgraded from homesteaders' sod-huts to larger, more expensive homes. Stock Market Speculation more expensive homes. Stock Market Speculation