Business Finance
describe consumerism

Question Description

I’m trying to study for my Business Law course and I need some help to understand this question.

Describe consumerism. How is it applied in varied contexts

 

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Final Answer

Consumerism is a social and economic order and ideology that encourages the acquisition of goods and services in ever-greater amounts

consumerism refers to economic policies placing emphasis on consumption in economics

politically its a set of policies aimed at regulating the products, services, methods, and standards of manufacturers, sellers, and advertisers in the interests of the buyer

Consumerism is sometimes used in reference to the anthropological and biological phenomena of people purchasing  goods  and consuming materials in excess of their basic needs

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New York University

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