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Discuss some aspects of the economy of the 1950's? Was one of consumerism, people had money and they bought stuff for personal and recreational use
Discuss some aspects of the economy of the 1950's? Was one of consumerism, people had money and they bought stuff for personal and recreational use (travel, sports) There were good paying defense jobs The gov't was putting money into the economy (defense spending) These things created a wealthy economy, known as the Affluent society
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
