After watching the video on the history of credit, read the brief article below and answer the questions that follow.
Are Credit Cards a Way of Life?
1. Why did the availability of credit cards become widespread in the 1980s?
2. Why do many people feel like taking on debt is “normal”?
3. Financially speaking…what does “normal” look like in America?
4. According to this article, what are some ways you can be “abnormal”, or different than the “normal” American financially?