Shopping Trends & Credit Ahead of 1989 Budget

Shopping Trends & Credit Ahead of 1989 Budget

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the end of a consumer spending boom, leading to a debt crisis fueled by easy credit access. Personal stories highlight the struggles of managing debt. The video explores the ease of obtaining credit and the reduction of consumer advice centers. It concludes with the conflict between government efforts to curb spending and retailers' desire to boost sales.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Jean Waller's experience with credit cards and personal debt?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the government's stance on consumer spending and credit, and how does it contrast with retailers' interests?

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