Even though the automobile was affordable for so many people, some people were still forced to take out loans for their cars. Socially, an automobile was viewed as a necessity, so even if a family could not afford one, they would still buy one. When people could not pay off these loans they accumulated debt. As the percent of people taking out these loans increased, large portions of America became impoverished. This was one of the causes of the depression of the
Even though the automobile was affordable for so many people, some people were still forced to take out loans for their cars. Socially, an automobile was viewed as a necessity, so even if a family could not afford one, they would still buy one. When people could not pay off these loans they accumulated debt. As the percent of people taking out these loans increased, large portions of America became impoverished. This was one of the causes of the depression of the