Amelia Vayda, Chapter 9, Question 6

In chapter nine of Naked Economics Wheelan brings up examples of how much money we earn today in the twentieth century compared to the nineteenth century. One example he uses is how many hours people would have to work in order to buy a cell phone in the 1900's. It would have been around 456 hours, but now people only have to work nine hours in order to buy a cell phone. This quote and some of the other examples interested me because in today's time we don't necessarily think of how we are going to pay for some of these items like cell phones because we are making more money in less time so everything seems more affordable. Another example that Wheelan brings up is our ability to earn lunch. In the 19th century people had to work most of the morning just to earn lunch, but in today's society we just go and buy lunch without even thinking about cost because we know it is affordable. To me I think society takes advantage of the amount of money earned for granted. In today's world less people are counting their money and determining if they can buy lunch or a cell phone whereas now people without thinking sometimes just go out and buy what they want.