Americans had money and security after World War 2. They had just come out of the depression before the war. The war boosted the economy.
The depression had an 18 percent unemployment rate. It was such a severe depression it affected the entire nation and world. People had to go without many of the basics and they hungered. Millions lost their homes, some lost their families and kids would beg for food and help.
When the economy boomed Americans were happy again, the bleakness of the depression and the war lifted. They were able to get jobs, have money again and buy homes. The GI veterans could go to college and get much better jobs. This raised the level of the middle class. They too could buy homes and cars.
They could buy the new gadget called the television, have radios, several phones in their houses and some families could send their children to private schools. But it was not all spend, spend, spend.
They became great savers. They had lived without so they saved for the future and worked at jobs where they could get a retirement pension. And they retired sufficiently unlike their boomer children.
The economy has been through up and down cycles since the Fifties and we still have buying power but we also have the ability to lose all our money because our economy is not stable as it was in the Fifties.
High demand and a shortage of produced goods.
Americans bought more consumer products More goods were produced and sold -More people bought on credit.
Technology developed during the war was used for consumer products.
to limit the purchase of consumer goods i believe
A socially responsible consumer might boycott a company that uses child labor.
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Rural Americans could not take part in the consumer culture of the new forms of leisure. << NOVANET
Does it have any negative effects on the health of the consumer? Depression is the second reported cause of disability worldwide, according to the WHO
Set a limit to consumer.
The war ended the Great Depression
The unequal distribution of income during the Great Depression exacerbated economic challenges by impacting consumer spending and dampening economic growth. High levels of income inequality meant that a significant portion of the population had limited purchasing power, leading to decreased demand for goods and services. This decline in consumer spending contributed to the economic downturn of the 1930s.
Consumer forums are venues where consumers share their experiences with products. Potential and new consumers usually mine consumer forums for information on products to ensure that they make informed purchasing decisions. The problem with most consumer forums is that they do not organize feedback from consumers beyond the form of a blog. As a result, it is difficult to quantitatively assess the quality of product or make a decision whether or not to provide with a purchase. Of late a new breed of consumer forums have surfaced on the world wide web that not only lets consumers share their experiences in terms of blogs but also assimilates these verbal experiences quantitatively to publish an overall consumer satisfaction score / grade. www.consumerdaddy.com is one such consumer forum that does a fairly good job categorizing products and classifying their consumer satisfaction feedback into a numerical score that ranges from 0 to 10.
Speculation on consumer goods helped to drive the Great Depression. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand
internal seach
The recession of 2008 and the Great Depression of the 1930s have similar beginnings. Financial meltdowns caused a reduction in consumer spending which lead to unemployment in great numbers.
The reason someone might have for consumer reports in GPS systems is that it can serve as guidence if interested in buying such products. The consumer reports will tell of experiences with the product and give some answers about quality and functionality.
many Americans purchased goods on credit