How did discount retailing and new forms of media contribute to economic boom of 1980's?

Discount retailing, exemplified by chains like Walmart, made consumer goods more affordable and accessible, driving increased consumer spending. Simultaneously, new forms of media, particularly Cable Television and the rise of advertising, played a crucial role in shaping consumer culture by promoting brands and products more effectively. Together, these factors stimulated economic growth by encouraging consumption and expanding market reach, ultimately contributing to a robust economy in the 1980s.