Spam was introduced in 1937 and the name Spam was chosen when the first name was fas less memorable ( Spiced Ham), so it began to lose market share. Original meaning of Spam was " Shoulder of Pork and Ham" but it is known for a portmanteau of Spiced Ham.
However the image of Spam as a low cost meat product gave rise to the British colloquial term" Spam Valley" to describe certain affluent housing area where residents appear to be wealthy but in reality may be living in poverty levels. Around seven billion Spam cans were sold in 2007.
