The social effects of credit cards

Charge It When American Express and the Diners club first launched their idea for a credit card they had no idea how it would affect the rest of the Twentieth Century. It was originally an agreement between a couple of upscale New York City restaurants to give their customers a sort of tab; however, it didn't revolutionize the way we spend money until many years later when the magnetic strip was put on the back. …showed first 75 words of 813 total…

…showed last 75 words of 813 total…advertise their services on radio and television. The credit card has had a bigger impact on the way we live our lives than we may realize. It has made life easier for some and harder for others, but it is a part of who we are. We have become a society dependent on credit cards, internet shopping, etc.. I feel that when they are used with discretion they are considered a great contribution to society.