Today, credit cards are a $500 billion-a-year industry. Banks consider these lines of credit when deciding whether or not to approve loans, incentivizing customers to maintain multiple credit cards. So, how did this lending system originate? And how did they get to be so popular? Nidhi Upadhyaya digs into the history of credit cards in the United States. [Directed by Jeff Le Bars, JetPropulsion.space, narrated by Bethany Cutmore-Scott, music by Salil Bhayani, cAMP Studio].
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Whatever your business conundrum, there’s a TED Talk for that — whether you want to learn how to land that promotion, set smart goals, undo injustice at work, or unlock the next big innovation. Every Monday, host Modupe Akinola of Columbia Business School presents the most powerful and surprising ideas that illuminate the business world. After the talk, you'll get a mini-lesson from Modupe on how to apply the ideas in your own life — because business evolves every day, and our ideas about it should, too.

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TED Business

How we got hooked on credit cards | from TED Talks Daily

5e7c9f7d418a84a0462b72ec/lrhvVzRVvYv08Q4L4OA5PUZTXO4r.mp3