The social effects of credit cards

Title: The social effects of credit cards
Category: Social Sciences | Words: 825 | Pages: 3.5 (approximately 235 words/page)

The social effects of credit cards

Charge It When American Express and the Diners club first launched their idea for a credit card they had no idea how it would affect the rest of the Twentieth Century. It was originally an agreement between a couple of upscale New York City restaurants to give their customers a sort of tab; however, it didn't revolutionize the way we spend money until many years later when the magnetic strip was put on the back. …showed first 75 words of 825 total…

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…showed last 75 words of 825 total…advertise their services on radio and television. The credit card has had a bigger impact on the way we live our lives than we may realize. It has made life easier for some and harder for others, but it is a part of who we are. We have become a society dependent on credit cards, internet shopping, etc.. I feel that when they are used with discretion they are considered a great contribution to society.

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