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Explain the expanded role of advertising and consumer credit. Why can it be said that the prosperity of the 1950s and 1960s was substantially consumer-driven?

1 Answer

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It influenced consumer spending. This encouraged people to go out and buy more products that they wanted. Due to the postwar economic prosperity, many Americans had extra money to spend. As a result producers launched a massive advertising campaign to encourage consumers to buy more.

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User Holex
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