What Is the Meaning of Consumerism?


The word consumerism refers to the act of mobilising consumers so as to ensure they have quality products and services. It involves protecting and informing consumers about their rights concerning goods and services. Consumerism results in honest packaging and improved product standards.
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The theory that a country that consumes goods and services in large quantities will be better off economically. Consumerism for example, is an industrial society that is advanced, a large amount of goods is bought and sold. Sometimes referred to as a... More »
Consumerism was originally used in reference to individuals acquiring goods and services for personal use. By the 1970s, however, the term had often times come to be used pejoratively when it came to be identified with radical social and political activism and reform.
Consumerism refers to a social and economic order based on fostering a desire to purchase goods and services in ever greater amounts. The term is often associated with criticisms of consumption starting with Thorstein Veblen.
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