Good question! There have been not just one, but many effects with the rise of these two subjects. Let's begin with the essential factors that caused the rise in consumism:
- Mass production.
- Mass advertising.
- Massive credit approval.
- And economic prosperity.
These 4 factors are the perfect formula to create a consumist society, which in return gives us the following effects, some good but some terrible:
- Massive contamination.
- Raised standard for average living/household.
- Continuous encouragment to adquire new goods.
Now, regarding the new technologies we mostly can say that the positive effects weight a lot more than the negative effects.
- Assembly lines are faster, which increases the supply of new products. Almost everyone now can have a phone, or a TV, or a car.
- Technological innovations have increased manufacturing efficiency.
- Life expectancy rates are much higher now.
- Rapid consumption of resources.
- Day-to-day simplification
Let's not forget that we are quickly consuming resources from our planet Earth. The best society is an ecologic and sustainable society :)
Happy holidays!