Submitted by kishoredbn t3_11fg4nc in dataisbeautiful
Comments
InsuranceToTheRescue t1_jajt0g6 wrote
Economies of scale. Flat screens were new-ish in the aughts. They were expensive things rich people had. Now that manufacturing processes have been refined and they can pump out millions a day, it's become significantly cheaper.
SigBomething t1_jawsuvx wrote
I remember when we got our first flat screen tv as a kid. 32" Tv (It was huge compared to the tube tv we had). It was over 500 dollars in the late 2000's for the cheapest model (Not sure exactly what year, probably like 2008-2009). Now you can get one for less than 200 dollars
pocketdare t1_jaj32gg wrote
Right hospitals - the one group that politicians never seem to go after.
Chaisz3r0 t1_jajy6z3 wrote
Keep them uneducated, desperate and propagandised.
CamperStacker t1_janrcuv wrote
It seems to me the more something is left to free market the cheaper it is, while the more something is in regulation or outright supplied by government the more expensive it is.
SigBomething t1_jawtn3f wrote
Holds true for almost everything except cell services. The Obama administration put a lot of funding into getting cell towers in rural areas which has definitely contributed to the lower prices we see now. It would be interesting to see how the price of goods/services in government assisted industries change over time, and what could cause the disparities to exist
dalwen t1_jaj2c2h wrote
How could televisions be 100% cheaper?