Question

what is the meaning of term consumerism?​

Answer 1

Answer:

The noun consumerism refers to the theory that spending money and consuming goods is good for the economy. Opponents of consumerism suggest simple living is a more sustainable lifestyle and better for the environment.

Answer 2

Consumerism is the culture or ideology of excessive consumption of material goods or services.

Or

Consumerism is a social and economic order that encourages the purchase of goods and services in ever-greater amounts.