Small Town Decline: 1920s & the Rise of Chain Stores

Money MultiplierOne of the things I enjoy most about this blog is being able to test my own ideas and assumptions on the wider world. Any feedback I get, whether harsh criticism, enthusiastic agreement, or fraternal correction, presents an opportunity for deeper investigation and growth. The publication of my recent post, 1940s America – The Start of Small Town Decline, gave me just such an opportunity, as a number of readers wrote to me expressing their belief that the start of small town decline predated the war mobilization efforts of World War II. I agree that while war mobilization may well be one piece of the puzzle it is far from the whole story.  So what are some of the other culprits? To get a more comprehensive view of what happened to the small town, I took another look into our economic past. Continue reading