Guns were very expensive items and so was ammunition. People could not afford to be armed like they are now.
Wow. That is a silly statement.
If figured in gold, silver or oil, rather than currencies, the cost of small arms and ammunition hasn't changed all that much since the introduction of the fixed cartridge if you factor out the military surplus items prior each of the World Wars. Even then, you could buy a Carcano and 500 rounds for how much in 1962? Probably wouldn't work out to be much more than you would pay for Mosin and 500 rounds now. And the reason I'm not hitting the range every week is because I can't afford it- I make right around the average in this area, to.