Describe the Boom
- Created by: 13mlilli
- Created on: 13-04-18 09:31
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- Describe the Boom
- Rising wages
- Standards of living improved
- Falling taxes
- Standards of living improved
- Low unemployment
- Low interest rates
- Easy to borrow
- Consumer boom
- Hire purchase boom
- Advertising growth
- New consumer goods
- Vacuum cleaners
- Fridges
- Money easy to borrow = easy to spend
- Growing economy but also growing debt
- Rising wages
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