Economics Notes

Name______________ Date _____________

Urban Shopping

In ________ in Cleveland, Ohio the earliest form of a _______ _______opened.

The shopping center was covered by a ______ ________and had four levels.
The four levels contained _________
_________, _______ ______, and _______ _______.
In order to attract more shoppers from outlying areas, retail shopping districts would build stores near
public ____________.
Shopping centers, malls, and plazas were modern adaptations of the historical marketplace.
The mall was and still is a collection of independent retail stores, services, with a parking area. Some
may also contain _______, ________, and __________.
The first actual shopping "mall" was the ________ ________ ________ in 1922.
It was founded by the ____ _________ ________.
Department stores, chain stores, and shopping centers emerged to meet the growing demand
for_________ ________.
________, ____________ _________, and ________ _________were built to meet aesthetic and
recreational needs.
Transportation systems improved, as did the general infrastructure, better meeting the increased needs of
the middle and upper class city dwellers.
Department Stores

The first _________ _________that was developed in early America was called _________ _________
of Chicago.

While working as a store clerk, Mr.Field found that paying close attention to __________ ___________
could increase sales.

In ________, Field opened his own store, featuring several floors of specialized departments.

Fields motto was ______________________________________.

The origin of the department store was that it was developed in the early 19th century and it was used to
________the consumer society at the beginning of the 19th century.

While the ___________ ___________started to grow this accelerated the economys expansion.

These Department Stores were mainly designed for the __________

_________ was a growing part of the American life was the department stores expanded across the
country.

_________of America.

Economics Notes
Name______________ Date _____________

The Chain Store

____________ have existed for around 250 years.

The first chain store was established in __________,___________, in 1792.

_________ __________ _________and his wife founded W H Smith.

His store sold ________, ___________, and ____________.

The Great Atlantic and Pacific opened its first ___________ __________in 1859.

Chain stores counted for _______ percent of total retail sales in the US in 1929.

Disney was founded in 1923, revolutionizing animated films and creating hundreds of classics. Popular
fast food chains Carls Jr., founded 1941, Kentucky Fried Chicken, founded 1952, and Pizza Hut,
founded 1958, emerged from the growth of chain stores. Finally, Walmart was founded in 1950.

They offer special products or ____________ products, and provide the customer with a sense of
security.

Advertising

In 1865, the cost of ____________ was under 10 million dollars a year.

Later it increase to _______ million dollars in 1900.

The item that sold the most money was ___________.

Other most common items were ________ and __________ __________.

With other objects like newspapers and magazines, advertising was a way to ________ people what to
buy.

A way of advertising were _________. For example in trains. In the mid 1870's one of the most seen
advertisement was for _________ _________ ___________ __________".

Their posters would also be seen on barns, houses, billboards, and rocks.

Economics Notes
Name______________ Date _____________

Newspapers hardly ever had an advertisement larger than a single column.

Advertisements in magazines were also limited. They were only allowed to put the advertisement on the
back of the pages.

Advertising _________ _________ __________ changed how the business market was run.

The advertising business in the United States grew from $_______ million in 1880 to $______ billion in
1920.

People in the advertising business constantly looked for the public's approval.

Some advertisements included ________, ________, and __________ __________.

One of the most known ad agency was the J. Walter Thompson Company.

This became one of the agencies that created _________ __________to help advertising become what it
is today.