The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

443. The Birth of Consumer Choice w/ Jason Voiovich

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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Consumer Choice in the 1920s

This chapter examines the transformative decade of the 1920s, highlighting the rise of consumer choice alongside mass production and marketing. It focuses on the innovative strategies of Alfred Sloan and General Motors that shifted consumer perception and behavior in the automotive industry. Through these developments, the chapter reveals how this era laid the groundwork for modern consumer culture and the complexities of purchasing decisions.

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