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Consumerism

Consumerism is a social and economic order that promotes the pursuit of goods and services as a central aspect of life and status. It encompasses a market system in which production is organized around demand and a cultural tendency toward acquiring possessions. The term also refers to movements that seek consumer protections and safety in the marketplace.

Historical roots lie in industrialization, mass production, advertising, department stores, and credit in the 19th and

Key mechanisms include advertising, branding, planned obsolescence, and the growth of online platforms that personalize offers.

Impacts: economic benefits coexist with social and environmental costs. Increased consumption can raise living standards and

In the digital era, e-commerce and data-driven marketing intensify access and targeting, while raising privacy and

20th
centuries.
After
World
War
II,
rising
incomes
and
mass
media
reinforced
demand
for
appliances,
fashion,
and
services,
embedding
consumerism
in
many
capitalist
economies.
Consumption
is
a
major
driver
of
GDP
and
employment,
yet
it
is
not
a
complete
measure
of
well-being.
opportunity,
but
it
can
fuel
debt,
waste,
pollution,
and
inequality.
Critics
call
for
sustainability,
regulation,
and
shifts
toward
more
durable
goods
and
services.
concentration
concerns.
Debates
about
consumerism
intersect
with
sustainability,
consumer
rights,
and
alternatives
such
as
sharing
economies
and
steady-state
approaches.