The rise in credit card debt from 1969 to the present day is used as evidence of what trend?
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 Americans
D) the increasing divide between income and living expenses

Question

Quizplus · Accepted Answer

The rise in credit card debt is often seen as evidence of the dramatic increase in personal consumption among Americans, as people increasingly rely on credit to finance their spending.

The Rise in Credit Card Debt from 1969 to the Present