Compare an $80,000 median family income in 1980 to the same income in 1990, 2000, and 2010. What are the differences in the available products? What are the differences in the quality of those products? Considering this, in which of those years would you rather live? Why?

The difference in the availableproducts of a mediam family earning $80,000 in 1980 use to be less.The price of the products in 1980s use to be less in comparision to1990, 2000 and 2010
. There has been a progressive rise in themarket and price of the products available. THere use to be lessspendings in the initial era. As time changed, the requirementsincreases. The difference in the quality of the products increasedfrom 1980, 1990, 2000 and 2010. The best time to live a life is2010 where there is availability of immensely advanced products inthe market. This year showed tremendous change in the society, itsspendings, consumption and living standards.