| 1. |
Identify the country which was the first to move to the stage of high mass consumption |
|
Answer» The first country which was moved to the STAGE of high mass consumption is USA . some of the facts regarding it are mentioned below: - Beyond food,shelter and clothing to ARTICLES of LUXURIES and comforts the consumption basket increases for the people leaving in the stage if development per countries income capita to a high level. - The living STYLES of people changes in accordance to more consumption of luxuries of the economic value with progressive urbanization and industrialization. - A number of new types of industries that satisfies the more consumption wants producting DURABLE consumer products comes into existence. - These new types of industries becomes a new leading sector producing goods of economic growth . |
|