Hire purchase
What Hire purchase means in History A-Level, as defined for Pearson Edexcel.
Definition of Hire purchase
Check what you remember
Read the wording for your board, then hide it and explain Hire purchase in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A way of leveraging consumption that artificially stimulated consumer demand while creating unsustainable private debt, masking demand fragility.
Topics that use Hire purchase
- Boom and crash, 1920–29 (Pearson Edexcel A-Level)
Related terms
- American literature
- Jazz Age
- Laissez-faire
- Limits to the boom
- Modernity versus traditionalism
- Nativism and political extremism
- The changing role of women
- The failure of moral legislation
Using Hire purchase in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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