Economics Dictionary of Arguments

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 Consumer Credit - Economics Dictionary of Arguments
 
Consumer credit: Consumer credit in economics refers to loans and credit extended to individuals for purchasing goods and services. Consumer credit enables immediate consumption while deferring payment, stimulating demand and economic activity, but it also involves interest costs and potential risks of over-indebtedness. See als Debts, Credit, Loans, Consumption.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Galbraith, John Kenneth Consumer Credit   Galbraith, John Kenneth

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Ed. Martin Schulz, access date 2025-07-20