Quantity Quote by William Lyon Mackenzie King
“Each year, therefore, a dollar spent on alcoholic beverages has purchased a smaller quantity.”
About This Quote
Source Speech: Economic Report, Canada, 1935
The price of alcohol rises faster than income, so each dollar buys less drink over time.
In simple terms: Alcohol costs more relative to earnings.
Adjust consumption as prices rise.
Themes
Mood
Type
When to use this quote
- personal budgeting
- government policy
- public health campaigns
- consumer behavior
Key Concepts
Questions to Reflect On
- How do rising costs affect drinking habits?
- What policies could mitigate negative impacts?
Higher prices may not deter consumption for heavy drinkers.