Lecture 9.docx - Lecture 9 Discount Nation Culture of cheap products Simeon North 1765-1852(produce guns Interchangeable parts o Every gun had to be

Lecture 9.docx - Lecture 9 Discount Nation Culture of cheap...

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Lecture 9: Discount Nation Culture of cheap products Simeon North 1765-1852 (produce guns) Interchangeable parts o Every gun had to be manufactured identically o This allows for parts to be changed as to rather thrown away after malfunction Mass production Deskilling workforce o When making something with own means, you have skills o Changes the balance of power between workers and management John Wanamaker First to develop the department store One price and goods returnable Retail was a culture of haggling at the time, barter 1875 The Grand Depot o 1980s we move away from this and transition into cheaper looking places for cheaper products January White Sale o Wanamaker spent the year buying things that are cheap then storing them in warehouses and things that are white o There were many white products at the time, the theme would be white o Then would be sold at what looks like discounted price but very similar to cost he bought them for o
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