Growth of a consumer society 1951-1979 (T3) Flashcards
How did incomes affect the growth in consumer society?
- Homes
1950-1970: Home ownership increased from 29% to over 50%
How did incomes affect the growth in consumer society?
-Cars
Car ownership rose from 16% to 52%
How did incomes affect the growth in consumer society?
-Income
Real disposable incomes rose 30% in 50s, 22% in 60s and 30% in the 70s.
What did Harold Wilson say about the growth of a consumer society?
Harold Macmillan - ‘Most of our people have never had it so good’.
What are some examples of the growth of consumerism?
The number of homes with central heating rose from 5% in 1960 to 50% in 1977.
Growth in TV ownership. Nearly every household had one by 1970.
Between 1947 to 1970 the amount of money spent on advertising tripled.
How was fashion affected by the growth of a consumer society?
Due to mass production and the fact that women and young girls could now afford to have new clothes for every season. The Fashion world grew hugely with ‘swinging London’
When was the 1st supermarket?
1947 in St Albans- short lived
What supermarket chain opened in 1950?
Sainsbury’s opened in Croydon. It marked the permanent start of the supermarket era
How many supermarkets were there in Britain by 1971?
3,500
Why did supermarkets do so well?
What damage did this have on other businesses?
Supermarkets did well due to the retail Price Maintenance being rolled back, they could slash prices due to there size.
This led to 2/3 of specialist grocer shops closing down
What was founded in 1957?
Consumer Association and Which? Magazine
What was set up in 1972?
Ministry for consumer affairs set up to protect consumers
What Act was passed in 1974?
Consumer Credit Act
What was the Consumer Credit Act?
Consumer Credit Act clarified the rights and responsibilities of lenders and borrowers, paved the way for an explosion of borrowing in the 80’s and 90’s
When did the credit card began being used?
1966
