this post was submitted on 03 Sep 2023
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I would like to know what caused the Great Depression and how the world recovered from it. Do you know any good books on this subject?

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[–] Unforeseen@sh.itjust.works 2 points 1 year ago

That's partially it, but part of it was because low quality cheap options didn't exist. You can still buy appliances that will last, it's just nobody is willing to pay for it anymore.

Case in point dollar stores - despite buying anything from there that's going to break down very easy and cost much more over a lifetime, people love thier cheap crap and China loves you all for it.