The Roaring Twenties: Age of Excess
Consumer Economy
Age of Excess
The 1920s was a time when the middle class could buy products that only the high class could afford. With more products that made chores easier people had more free time. Consumer economy: economy that relies heavily on how much people are buying and spending.
The Age of Excess was a time when people had more disposable income and thanks to new forms of financing families could spend more money on consumer goods which allowed its consumer economy to grow and prosper.
1999 or under 65% 2,000-4,999 29% 5,000-9,999 5%