​Having separated your personal belief and bias and using

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Business Finance

Description

Having separated your personal belief and bias and using your newly honed skills of ethical evaluation, present how you feel about consumerism and planned obsolescence as a societal issue using ethical theories and concepts

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Explanation & Answer

Consumerism is a social and economic order and ideology that encourages the acquisition of goods and services in ever-greater amounts
Planned obsolescence
or built-in obsolescence in industrial design is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete that is, unfashionable or no longer functional after a certain period of time
i feel that consumerism is justifiable in the event that resources are satisfactory and no disparities exist, otherwise i view it as a societal evil where people who can afford increase their consumption at the expense of others
planned obsolescence is a societal evil, the producers aim to gain big from consumers by rendering product life span manipulatively



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