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Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.
A rent party (sometimes called a house party) is a social occasion where tenants hire a musician or band to play and pass the hat to raise money to pay their rent, originating in Harlem during the 1920s. These parties were a means for Black tenants to eat, dance, and get away from everyday hardship and discrimination.
When someone mentions the 1920s, you might picture one of two extremes. One is the classic "Roaring 20s" image, with flappers in bucket hats and the decadence of F. Scott Fitzgerald's "The Great...
Morris Plan Banks were part of a historic banking system in the United States created to assist the middle class in obtaining loans that were often difficult to obtain at traditional banks. They were established by Arthur J. Morris (1881–1973), a lawyer in Norfolk, Virginia , who noticed the difficulty his working clients had in getting loans.
[155] The international influences which had sparked a great many reform ideas likewise continued into the 1920s, as American ideas of modernity began to influence Europe. [156] There is general agreement that the Progressive Era was over by 1932, especially since a majority of the remaining progressives opposed the New Deal. [157]
While most major American cities today have at least one gentlemen's club, they are most prevalent in older cities, especially those on the East Coast. [1] As detailed below, only thirteen American cities have five or more such clubs: Atlanta , Boston , Chicago , Cincinnati , Denver , Detroit , Los Angeles , New Orleans , New York City ...
The 1920s (pronounced "nineteen-twenties" often shortened to the "' 20s" or the "Twenties") was a decade that began on January 1, 1920, and ended on December 31, 1929. . Primarily known for the economic boom that occurred in the Western World following the end of World War I (1914–1918), the decade is frequently referred to as the "Roaring Twenties" or the "Jazz Age" in America and Western ...
The 1920s (pronounced "nineteen-twenties" often shortened to the "' 20s" or the "Twenties") was a decade that began on January 1, 1920, and ended on December 31, 1929. . Primarily known for the economic boom that occurred in the Western World following the end of World War I (1914–1918), the decade is frequently referred to as the "Roaring Twenties" or the "Jazz Age" in America and Western ...
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