Whether it was entertainment radio or broadcasting radio, radio became a national hit. The radio industry was instantly found as a ready market. In 1920, entertainment radio was launched and created a boom in equipment sales. American homes with radios increased from 1% in 1922 to 16% four years later and by 1935 over 67% of homes had more than one set of radios. As the demand for radios increased, the growth of broadcasting would have to keep up, so in 1922 the number of licensed stations increased from 28 to 570.
Radios became known as a “counter-status luxury” because people would buy radios over washing machines and refrigerators. If someone back then had a radio they were known to be in a higher income group. As radios became more popular,