FINANCIAL MANAGEMENT

FINANCIAL MANAGEMENT
Discuss how the advent of credit and the credit card has influenced our contemporary retail environment.
 
Critical Elements:
 
•         Antecedents to the modern credit card were credit card innovations in the 1950s.  Describe some of those innovations.
•         Describe how consumer credit and credit cards were originally thought to impact consumer behavior (theory) and then describe how they have actually impacted consumer behavior.
•         Explain the benefits and detriments of contemporary credit to society as a whole.
•         How do credit cards affect your retail buying decisions?
 
This assignment should be 3 pages, excluding title page and reference page. It requires 3 academic citations from three different sources.  The paper should  be in APA format.

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