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Unformatted text preview: Hindus, Buddhists, and followers of New Age and neo-pagan religions did exist, but in such infinitesimal numbers that they were subject to mistaken notions and cartoonish stereotypes much more so than followers of other religions. There were very few credit cards (called "charge cards" at the time) and most people didn't qualify for the ones that existed. A man successful enough to give his wife a charge card was admired: a man successful enough to give his wife and his mistress charge cards was almost worshipped. Generally, though, purchasers paid either in cash or by check. Larger items could be purchased on the "installment plan" basically rent to own, except at a slightly lower interest rate. One of the big fret-fits in the Fifties was the fear that the economy would crash because people would buy too much stuff on installment plans, default, and leave behind goods that were worth less than what was owed on them ....
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This note was uploaded on 01/17/2012 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.
- Fall '10