When you think back to the late 40s & up, things were so much cheaper back then. What caused things to go up ?
2007-01-24 03:27:27 · 9 answers · asked by Choconilla 2 in Politics & Government ➔ Other - Politics & Government
Inflation and Republican ran politics. Every time a Republican becomes President the Inflation rises over their Free trade policies and trickle down theories that never trickle down.
2007-01-24 03:34:28 · answer #1 · answered by Anonymous · 11⤊ 1⤋
The cost of goods have gone up with the increases in wages. But not all things. Most clothing and home textiles today are at historic lows, when indexed against inflation. Even gasoline is cheaper today than it was 30 years ago, when adjusted for inflation.
2007-01-24 11:41:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
People were also payed less too.
I agree with the inflation answer.
The value of the dollar has gone down due to the rise of the euro, wages have increased, as another answer said women began working, and labor unions were set up.
2007-01-24 11:40:01 · answer #3 · answered by Sasha 3 · 0⤊ 0⤋
In the 50's $100 a week was Good Money.Compare buying power and things are about the same.
2007-01-24 11:46:05 · answer #4 · answered by Dr. NG 7 · 0⤊ 0⤋
Women started working more frequently, making the dual income family the norm. The prices of things moved to match the available disposable incomes.
2007-01-24 11:30:56 · answer #5 · answered by Ricky T 6 · 0⤊ 0⤋
The labour rates kept going up cuz people thought that they weren't getting enough, and producers kept increasing the prices cuz they had to pay for labour and otherwise theyd go at loss and its still happening!
2007-01-24 11:37:10 · answer #6 · answered by Aaliya K 1 · 0⤊ 0⤋
Greed. People got more materialistic and greed entered in.
2007-01-24 11:42:40 · answer #7 · answered by Brianne 7 · 0⤊ 0⤋
Inflation.....
2007-01-24 12:20:26 · answer #8 · answered by Electric 7 · 0⤊ 0⤋
inflation
2007-01-24 11:30:05 · answer #9 · answered by zombiefighter1988 3 · 1⤊ 1⤋