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History
Key terms
Credit

GCSE History · key term

Credit

Definition

Borrowed money, or an arrangement to obtain something now and pay for it later.

Used by Eduqas

How each exam board covers it

Eduqas GCSE History · C100

Component 1

Credit made it possible to buy now rather than wait until the whole price had been saved.
Revise: Causes of the Economic Boom

Eduqas History past papers

Related key terms

Assembly line
Consumer good
Economic boom
Electrification
Hire purchase

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Credit — Eduqas GCSE History Definition

Mass production

Natural resource