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In the 1930s and 1940s, most of the ads using the phrase American Dream promoted intellectual products: books, plays, sermons. But as time wore on, and as the epidemic strengthened, the phrase took on a different dimension. The American Dream turned into owning a home, with the underlying sense that owning a home implies patriotism and commitment to the community.
Narrative Economics: How Stories Go Viral and Drive Major Economic Events
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