Description
Please answer each question in paragraph form. Be sure to quote any references used. The questions are attached
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Explanation & Answer
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Question 1
With 30% increase in the per capita income there was more money to spend, and with the
60% increase in production, there were more goods to be purchased. This was a result of a few
new developments such as the five dollar day and the assembly line. Additionally, there was a
big boom in many areas like the advertisement for the goods by many different forms of media,
like billboards, radio, and newspaper. This gave people more exposure for the goods. Doing this
together with the change from over-the-counter stores to the newer supermarkets where buyers
could look at any product without a clerk getting it for them made more buyers look at their
products. Furthermore, there was a newer idea about how to buy. Instead of thrifts and savings,
the market was moving more towards credit. This was buying something before you have the
money and paying it off slowly over time. This changed the way people bought goods such as
cars and bigger purchases and made it more available to everyone.
References:
Schultz, K. M. (2013). HIST3 (Student ed., Vol. 2). Belmont, CA: Wadsworth
Question 2
In the af...