Consumerism is important because it creates jobs. If people stopped buying things, then employees would have to be laid off. Also, a recent study shows that the richest 20% countries consume 76.6% of products. As you can see, consumerism keeps the economy balanced.
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consumerism
Consumerism increases demand for goods and services by encouraging the use of discretionary income for spending and purchasing. This stimulates the economy and can help boost employment, although it can have a negative impact on debt and savings.
One of the negative aspects of consumerism is people wanting more and more. People can become obsessed with getting the newer and better things. Another negative aspect is the expense. It can ruin one's budget.
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consumerism
significance of consumerism
how did consumerism change during the eisenhower administration
Consumerism is a movement seeking to protect consumers against improperly labeled or shoddy merchandise. There is no synonym.
Consumerism can be defined as a social movement seeking to augment the right of buyers in relation to seller
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The government serves as an agent of consumerism in Nigeria. This is a form of legislation which seeks to protect the rights of the consumers in the market.
The objective of consumerism in Nigerian economy is to ensure that consumers are not exploited. This seeks to protect the interests of the consumers in the market.