Consumer+Economy

Consumer Economy

A consumer economy is an economy that depends on the large amount of spending done by the consumer, to keep businesses running. The United States started to change into a consumer economy in the 1920's, as more americans started to buy what they wanted when they wanted with credit cards. The economy would then fall if ever there was a depression because people would no longer buy as much as before.

Information Provided by; America- Pathways to the Present (pg491) Picture Provided by; [|**http://wwwcache.wral.com/asset/business/2008/10/29/3842616/economy_3-220x165.jpg**]