Ethyl alcohol is _cheap_. You literally need just a bunch of sugar, yeast, and a still. Straightforward, low-tech, and safe.
Isopropyl alcohol needs to be synthesized from acetone, which itself is synthesized.
Isopropyl alcohol needs to be synthesized from acetone, which itself is synthesized.
When was this supplanted by the cumene process?
EDIT: this process was developed from 1939-1945.
https://en.wikipedia.org/wiki/Cumene_process
https://shop.tarjomeplus.com/UploadFileEn/TPLUS_EN_2421.pdf
BTW, isopropyl alcohol is industrially produced from propylene, not acetone.