45.7k views
3 votes
Explain what you think consumerism means. Pretend you’re explaining it to someone who does not understand economics.

User DioBrando
by
5.2k points

1 Answer

5 votes
Consumerism is the idea that increasing the consumption of goods and services purchased in the market is always a desirable goal and that a person's wellbeing and happiness depend fundamentally on obtaining consumer goods and material possessions.

Which is a summary of your question.
User Rishabh Agrahari
by
5.0k points