Tuesday, October 9, 2012

1950s Today

In the 1950s the first modern credit card was introduced to the public by Frank X. McNamara, he figured that we could use a plastic card to make purchases, and make it accessible to different stores and departments.
How do you think this plastic card has affect on us  today?





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8 comments:

  1. I dont even ever have cash on me because of this little plastic card. Im thankful!! Its affected so many people today.

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  2. This card has affected the world a lot today. Most people use cards more than cash. It has helped to keep our money more secure and easier to manage.

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  3. well actually the first credit card was laminated paper just to clear that up. =)
    But I think the credit card just shows us how to be more materialistic and a more debt revolved society, I just think the debit card is better since you aren't "borrowing" money from a thrid party.

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  4. I think it has helped kept our money more safe. We know how much we have. The exact amount. Instead of leaving money in our wallets, it could end up missing. Or lose track of how much we had. It works great!

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  5. I usually have a little bit of cash on me but the majority of my money is on a little plastic card it has impacted our lives a lot these days

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