Credit Cards: The Trillion-Dollar Debt
With record-level credit card debt in the headlines, this December 2023 issue of Focus on Finance addresses credit card history, statistics, and usage, as well as reasons for the increase in credit card debt. The information in the article can help in managing credit card accounts, and students will better understand the economics of using revolving credit as they prepare to become cardholders!
Teachers: Visit the Reading Q&As in our Econ Lowdown Teacher Portal to find the teacher edition (including an answer key) for this issue; to assign an online version of the student materials; and to collect student scores on the questions.
See the Page One Economics archive for more topics »
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