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30 January, 14:59

What was the purpose of the national credit corporation what was the purpose of national credit corporation does it no

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  1. 30 January, 18:17
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    Answer:the purpose of the NCC was to prevent further economic depression in 1931.

    Explanation: with the use of credit people could pay for items such as cars through installments until a certain date. the NCC not only created a larger market for high priced goods it also fixed the economy by allowing people to pay off an expensive item through credit. people could later afford to buy 2 cars because of the NCC allowing for consumerism to prosper.
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