roaring 20s
Overview of Labor Unions and Economic Context
- During this time period, unions do not have legal standing.
- Unions were not illegal but lacked legal protections.
- Workers could be fired for union involvement.
- Economic challenges emerge despite increased company profits.
- Productivity is down due to oversupply in the market.
Strategies to Increase Demand
- Companies face an oversupply issue; therefore, increasing demand becomes crucial.
- Methods to increase demand:
- Access new markets
- Advertising
- Advertising expenditures skyrocket during this period.
- Advertising evolves to become more sophisticated, utilizing new media and psychology techniques.
- Focus on creating an emotional connection with consumers rather than just the product.
- Examples included:
- Skin care products advertised to make consumers feel younger.
- Personal injury lawyer commercials connecting personal stories meant to evoke trust.
- Beer commercials associating products with social acceptance and desirability.
Innovations in Advertising
- Prominent changes in advertising practices:
- Introduction of model years (e.g., cars) encouraging consumers to buy the latest models.
- Minor changes marketed as significant upgrades.
- Concept of planned obsolescence introduced:
- Products designed to become outdated or non-functional after a certain period.
- Example: Toasters that are less durable than older models.
- Companies prioritize consumer repurchase over durability to drive sales.
Advertising Strategies and Psychological Appeal
- New advertising techniques include celebrity endorsements:
- Celebrities used in ads establish cultural connection and desirability.
- Emergence of early influencer culture.
- Shifts in societal norms regarding consumption:
- Urban values promoted, favoring decadent and consumerist lifestyles.
- Backlash against these changing morals reflected in societal perspectives.
The Emergence of Consumer Culture
- A new consumer-centric society emphasizes the act of buying:
- Status increasingly determined by the purchase of luxury items (e.g., jewelry, luxury brands).
- Examples include:
- Diamond engagement rings seen as