Brief History of Consumerism-Why You Buy

Brief History of Consumerism-Why You Buy

There are 1 comment on the Associated Content story from Dec 26, 2009, titled Brief History of Consumerism-Why You Buy. In it, Associated Content reports that:

"The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for." --Bill Bonner It's important to know some history of how consumerism became a priority in this country.

Join the discussion below, or Read more at Associated Content.

1st New Deal

Toronto, Canada

#1 Dec 27, 2009
... Congress, in 1933 passed the National Industrial Recovery Act.

It authorized this cornerstone program of the first New Deal to include representation from the consuming public,

who had been previously labeled the "forgotten men." New Dealers called ...

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