Has There Been a Twentieth-Century Consumer Durables Revolution?
Harold G. Vatter
The Journal of Economic History, 1967, vol. 27, issue 1, 1-16
Abstract:
Examination of approximately a score of U.S. economic history texts indicates that the hypothesis of a change in the structure of consumer preferences in favor of durable goods in the twentieth century, and thereby in the product structure of consumption, has strongly influenced economic historians. By implication, the alleged structural change is unique to the twentieth century. This impression relies upon the treatment of durables expenditures by almost all of that minority of textbook writers who address themselves to the general topic of consumption.
Date: 1967
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