Social Media 's Influence On Modern Consumerism

1272 WordsAug 14, 20176 Pages
Social media’s prevalent influence on modern consumerism has benefited the producer, whether large conglomerates or small businesses, and has provided better consumer protection for the global market. Political, Economic, and Social Power in Communication Prior to analyzing the role social media has on an increasingly more global consumer culture, it is important to study and recognize the causes for the United States’ growing prosperity and the underlying trends that begin to emerge. The United States’ Northern economy was always more robust than its southern counterpart due to its inability to grow cash crops and its abundance of natural resources. During colonial times, the North’s economy relied on trading, shipbuilding, and fishing,…show more content…
Eli Whitney’s invention of the cotton gin enabled United States to become the world’s leading producer of cotton. In addition to the cotton gin, Whitney’s interchangeable parts made way for easily replacing faulty parts, but also inspired standardizing the sizing of clothing. A standard model for clothing sizes made way for the mass production of clothing in factories, which rapidly industrialized the United States. The industrialization of the United States provided a new source of income for families and diversified the jobs available for women. It not only modernized the textile industry, but also led to advancements in communication and banking, which also inspired the concept of modern economics. The first commercialized telegraph was invented during that time, and it allowed for the rise of banks and financiers and later stock exchanges in London and New York. The modern philosophic ideas about economics, based on the improvements made during the Industrial Revolution, was also written by Adam Smith in “The Wealth of Nations”. The 1920s in the United States was time of prosperity for the country where the standard of living rose, incomes increased, and technological advances met entertainment; this propagated the perfect opportunity for a consumerism upsurge. Although automobiles, radios, and mail-order catalogs existed well before the Roaring Twenties, their sales went up as American ideals shifted from avoiding unnecessary costs to
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