Credit cards have been used in the United States since the colonial era.

Is this statement true or false?

Responses

true
true

false

false

The correct response is false.

To determine whether this statement is true or false, we can use a fact-checking method. We can start by considering the historical context.

The colonial era in the United States refers to the time before the American Revolution, which occurred between 1765 and 1783. Credit cards, as we know them today, did not exist during this period.

Credit cards were first introduced in the United States in the late 19th century. The first general-purpose credit card, known as the Diners' Club card, was issued in 1950. It was primarily used for travel and entertainment expenses.

Therefore, the statement that "credit cards have been used in the United States since the colonial era" is false.