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Ответы на вопрос
Ответ:1. Businesses gave out credit cards in the 1920s to encourage customer loyalty and increase sales. The Diners Club credit card was different because it was the first general-purpose credit card, not tied to a specific store.
3. Frank McNamara started a credit card company after forgetting his wallet and realizing the need for a convenient payment method.
5. Customers liked the Diners Club card because it provided a convenient way to pay for meals without cash. Restaurant owners liked it because it attracted more customers.
7. In its first year, Diners Club had *20,000* customers.
8. Banks wanted to start issuing credit cards to tap into the growing consumer credit market and increase their profits.
9. To be in debt means owing money to someone or something, usually a financial institution, with the obligation to repay.
10. Credit cards are a profitable business for banks because they charge interest on the outstanding balances, earning revenue from customers who carry a balance and pay interest. Additionally, they may charge fees to both consumers and merchants for card usage.
Объяснение:
1. Businesses gave out credit cards in the 1920s to encourage customer loyalty and increase sales. The Diners Club credit card was different because it was the first general-purpose credit card, not tied to a specific store.
3. Frank McNamara started a credit card company after forgetting his wallet and realizing the need for a convenient payment method.
5. Customers liked the Diners Club card because it provided a convenient way to pay for meals without cash. Restaurant owners liked it because it attracted more customers.
7. In its first year, Diners Club had *20,000* customers.
8. Banks wanted to start issuing credit cards to tap into the growing consumer credit market and increase their profits.
9. To be in debt means owing money to someone or something, usually a financial institution, with the obligation to repay.
10. Credit cards are a profitable business for banks because they charge interest on the outstanding balances, earning revenue from customers who carry a balance and pay interest. Additionally, they may charge fees to both consumers and merchants for card usage.