What trend is evidenced by the rise in credit card debt from 1969 to now?
A)the increased globalization of the economy
B)the increase of economic technology in the postindustrial age
C)the dramatic increase in personal consumption among people in the U.S.
D)the increasing divide between income and living expenses

Question

Quizplus · Accepted Answer

The rise in credit card debt from 1969 to now is primarily due to the dramatic increase in personal consumption among people in the U.S. as credit cards have made it easier for people to buy goods and services beyond their means. The other options do not directly relate to the rise in credit card debt.

What Trend Is Evidenced by the Rise in Credit Card