Final answer:
The materialistic approach attempts to understand consciousness as a product of the material world, in line with the theory of reflection.
Step-by-step explanation:
The approach to the conception of consciousness that tries to understand it as a product of the material world, according to the theory of reflection, is the materialistic approach. Materialism posits that only material substance exists and there is no separate spiritual substance. This standpoint is rooted in a physicalist worldview, suggesting that consciousness, just like any other phenomenon, has emerged from physical processes and material interactions over billions of years. This view aligns with monism-materialism, which denies the existence of non-physical entities and explains mental activities in terms of the brain and its functions. Therefore, when considering the theory of reflection, it's the materialistic approach that views consciousness as a product of the material world.