Economy, asked by Anupam5698, 11 months ago

Summary of consumerist culture for 10th class

Answers

Answered by brinllllly
8

Answer:

Consumerism is a social and economic order that encourages the acquisition of goods and services in ever-increasing amounts. With the industrial revolution, but particularly in the 20th century, mass production led to an economic crisis: there was overproduction—the supply of goods would grow beyond consumer demand, and so manufacturers turned to planned obsolescence and advertising to manipulate consumer spending. In 1899, a book on consumerism published by Thorstein Veblen, called The Theory of the Leisure Class, examined the widespread values and economic institutions emerging along with the widespread "leisure time" in the beginning of the 20th century. In it Veblen "views the activities and spending habits of this leisure class in terms of conspicuous and vicarious consumption and waste. Both are related to the display of status and not to functionality or usefulness."

Answered by gratefuljarette
7

The consumerist culture is when the society is shaped and dominated by the consumers. Nowadays the companies have to keep the needs, tastes and desires of the consumers in mind before manufacturing their goods. the process of production and consumption have become an important part of the consumer culture

Explanation:

  • The total society and the culture is based on the consumption of goods and services. The manufacturing industry revolves around the buying pattern and activities of the consumers. The choices made by the consumers, the culture, values and the changing behavior are all part of the consumerist culture
  • The consumption of goods has become an important part of the society where people are happy in their personal lives with purchasing goods which gives them satisfaction. The culture and freedom of buying things which fulfills the desires of the people is having a lot of significance in their lives
  • The media plays an important role through various advertisements, information and other news regarding the various products in the markets. It gives all information regarding the new trends, business and culture that has taken over the lifestyles of the people.

To know more about consumerism

Define consumerism explain different approach to consumerism

https://brainly.in/question/13272625

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