The Increasing Price of Automobiles Through Time
Faculty Sponsor(s)
Eric Schuck
Subject Area
Economics
Description
The automobile has become an integral part of the United States over the last 100 years. Not only is the car a tool that increases the likelihood employment and job retention, but it can also be used as symbol of status and socioeconomic standing. However, with increased safety, efficiency and quality standards, the automobile is quickly becoming a much more expensive item than it was before. This analysis works to find the key factors which affect new vehicle sales in the U.S. and how the automobile market has changed because of those factors.
Recommended Citation
Brinda, Samuel C. and Mendoza, Romario, "The Increasing Price of Automobiles Through Time" (2023). Linfield University Student Symposium: A Celebration of Scholarship and Creative Achievement. Event. Submission 25.
https://digitalcommons.linfield.edu/symposium/2023/all/25
The Increasing Price of Automobiles Through Time
The automobile has become an integral part of the United States over the last 100 years. Not only is the car a tool that increases the likelihood employment and job retention, but it can also be used as symbol of status and socioeconomic standing. However, with increased safety, efficiency and quality standards, the automobile is quickly becoming a much more expensive item than it was before. This analysis works to find the key factors which affect new vehicle sales in the U.S. and how the automobile market has changed because of those factors.
