Word: consumerization
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To consumers the most significant demonstration was in meat. At the week's start butchers' prices shot up everywhere -in many cities they were up 50% to 80% over ceilings. Most dealers were soon out of meat. But in the livestock markets supplies were heavy; prices showed signs...
Most traders claimed that the grain and meat prices, despite their upswing, were still below black market prices under OPA. Actually, the rise was caused, to some extent, by the elimination of subsidies, i.e., the consumer was simply paying the bill in another form.
Harvard Square consumers are, by and large, either teachers or students. Teachers, whose salaries are fixed, and students, most of whom are essaying the thankless task of stretching sixty-five dollars over thirty days. The type of consumer, in other words, who is particularly hard hit by rising prices. In...
Most important, the abnormal demand for food, clothing and other consumer goods has been partially filled. The return to normal demand should put a crimp in prices. In any case, the spiral of wages & costs cannot rise indefinitely, as long as production is increasing. The fact that wages usually lag...
Who Wants the Goods? How big, then, is the postwar market? BAE estimated that only about 2.8 million people definitely intend to buy cars in 1946; another million will probably buy. Another 2.6 million plan to buy a house this year; a half million will probably buy one. But they...