In economics, consumerism refers to policies that emphasize consumption. It is the consideration that the free choice of consumers should strongly inform the choice by manufacturers of what is produced …

Aug 15, 2025 · Consumerism suggests that increasing market-driven consumption improves happiness and well-being by acquiring goods and services. Economists often view it as vital for economic …

consumerism, in economics, the theory that consumer spending, or spending by individuals on consumer goods and services, is the principal driver of economic growth and a central measure of …

Jul 23, 2025 · Consumerism is a social and economic ideology that emphasizes the acquisition and consumption of goods and services as a primary means of achieving personal satisfaction and …

May 12, 2025 · Consumerism exists when the consumer goods we desire drive what happens in society or even shape our entire social system. The dominant worldview, values, and culture are inspired by …

This has been a guide to What is Consumerism and its Definition. Here we discuss the history of consumerism and how it works, along with examples, pros, and cons.

Aug 12, 2023 · Consumerism refers to the culture of excessive consumption and the belief that buying and owning material possessions leads to happiness and fulfillment. It centers on the idea that …

Jul 24, 2025 · Consumerism is both an economic theory and cultural phenomenon that typically flourishes in a capitalist society. The theory of consumerism states that increased consumption of …

Consumerism is defined as cultural attitudes that promote the continuous purchase of goods and services, driven by the belief that increased consumption leads to greater happiness and success.

The meaning of CONSUMERISM is the theory that an increasing consumption of goods is economically desirable; also : a preoccupation with and an inclination toward the buying of consumer goods.