Question


U.S. Banking in the 20th Century Quick Check
3 of 53 of 5 Items
Question
Which of the following is a 20th-century banking development that allows an individual to transfer funds from a checkable deposit directly to a vendor for payment?(1 point)
Responses

credit card
credit card

debit card
debit card

demand deposit
demand deposit

savings deposit
GPT-4o mini
The correct response is **debit card**. A debit card allows an individual to transfer funds directly from a checkable deposit account to a vendor when making a payment.

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