Essay on Effects on Consumerism - 742 Words

Consumerism is a description of society’s lifestyle in which many people embrace to achieve their goals by acquiring goods that they clearly do not need (Stearns, 7). The idea that the market is shaped by the choice of the consumers’ needs and wants can be defined as a consumer sovereignty (Goodwin, Nelson, Ackerman, Weisskopf, 2). This belief is based on the assumption that the consumer knows what it wants. Contrary to this logic, marketers convince us that the consumer does not know what they want. The consumer has to be told what they want or be persuaded by advertising items in a matter that demonstrates the reason a product makes their life easier or will improve their life instantly. As one of the most successful entrepreneurs,†¦show more content†¦Consumption, we describe as the act of meeting basic needs with material goods and the practice of consuming as a way of life is ‘consumerism’ ( Kennedy 173). The ideology that the meanin g of life is found in buying things has really caused majority to spend almost their monthly salary on goods and services in search of utility. This excessive recreational spending also plays a part in increase of inflation, also has made more money in circulation. The world is the influenced by what they see and want to be there, where the low class wants to be like the middle class and the middle class trying to look like the upper class. Today celebrities and people in upper class have influenced our sense of importance and needs, when it comes to the aspect of picking commodities. Thus, many have resulted to high and unnecessary expending in order to imitate a particular social icon. It can be ascertained that almost all average American adult being in debt might be as a result of overspending their need limit. This excessive and unnecessary spending as a result to boost our economic status has led to some drastic tragic events. A Chinese man, Tao Hsiao, 38, on the 9th of Decemb er 2013, jumped to his death in a shopping mall at China because the girlfriend would not stop shopping after several hours of shopping ( The Washington Times). â€Å"He told her she already had enough shoes, more shoes that sheShow MoreRelatedEffects Of Consumerism And Pollution808 Words   |  4 PagesConsumerism plays an intricate role in the daily lives of many people around the world. Those who affected by consumerism include those who are the buyers, the producers of goods, owners of the production company, and those affected by the pollution that can result because of production. Reducing consumerism would be beneficial for many, as well as for the environment. But what further steps can be taken to address the issue of consumerism and the pollution that comes along with it? One importantRead MoreNegative Effects Of Consumerism1180 Words   |  5 Pages Consumerism is one of the powerful influence in our society daily affects our life. The term â€Å"consumerism† no longer about the protection or promotion of the interests of consumers, but instead the idea that to be happier, better and more successful people we must have more stuff. Today we live in a time when there is little to no understanding of how the goods we consume and take for granted came into being. Without this we lack the knowledge to understand the true costs of our consumption, andRead MoreNegative Effects Of Consumerism On Society825 Words   |  4 PagesConsumerism plays an extreme role in today’s economy and society. It is one of the key aspects of the economy growing, however it negatively affects the people of society. Consumerism has taken over society, with peoples’ need to classify themselves in a certain social status with the purchases of expensive merchandise. It may help the economy thrive, however it is society’s downfall with its depressing need to buy unnecessary products. Through modern technology, consumerism can easily capture peopleRea d MoreNegative Effects of Consumerism Essay1753 Words   |  8 PagesNegative Effects of Consumerism on North American Society Consumerism is damaging to our society, in our North American society consumerism is often portrayed to be a negative aspect of people’s lives. However, one can also argue positive effects that result from consumerism, or emphasize on the negative effects of consumerism and how it can be a constraining force in one’s own life. Consumerism is an idea of an economic policy that the market is shaped by the choice of the consumer and continuesRead MoreEssay The Effects of Consumerism on Adults and Children1085 Words   |  5 PagesThe Effects of Consumerism on Adults and Children Consumers are creatively successful when designing a persuasive advertisement for increased profitability. In a normal household, it’s the parents who have the financial obligations; therefore, it would be wise to grab their attention. On the other hand, it takes less than a strategic mind targeting children because the simplest things fascinate them. Businesses have been perfecting commercials to be effective on the viewers, for years. AlthoughRead MoreConsumerism And Its Effect On The 21st Century Essay921 Words   |  4 PagesConsumerism in Healthcare Healthcare consumerism is increasing in importance in the 21st century. In today’s world, consumers have multitudes of information available that at one time was strictly available to the medical profession. Patients obtain information through the internet, commercials, and ad campaigns. The days when consumers followed referral recommendations are drifting away. Consumers are now at the center of the health care system causing customer service to be a key component to anyRead MoreThe Effects Of Consumerism On Children s Lives1522 Words   |  7 PagesToday children are exposed to a different world than the one their parents grew up in. Consumerism plays a significant influence in children’s lives, including technology. This has led to over usage of technology as a reason for increased health issues in children, and basic building blocks of healthy development being ignored. Children are no longer interested in creative play, which is vital to problem-solving, learn ing, imagining and thinking. Instead, children can often be found sitting inRead MoreEssay about The Effects of Consumerism on Adults and Children1937 Words   |  8 PagesThe Effects of Consumerism on Adults and Children Businesses are creatively successful when designing a persuasive advertisement for increased profitability. The most popular ways of broadcasting a product are through radio, internet, billboards, newspapers, and television being the most effective. Many adults watch TV and they are usually the ones with the paycheck, so commercials are aimed toward them. On the other hand, it takes less than a strategic mind targeting children because they are fascinatedRead MoreConsumerism Has Changed Our Society1342 Words   |  6 PagesConsumerism over centuries has shaped our society into the world we live in today. Throughout our history, the American dream has been to become the most successful person you can possibly become given the opportunities presented to you. Consumerism has provided our country with a lot of jobs and efficient sources of income for the general population. Consumerism gives our country an upside unlike many other countries in that you could grow up in a hardworking blu e collar family and become the mostRead MoreDisadvantages Of Consumerism1154 Words   |  5 Pages â€Å"The study of consumerism in world history does not provide a definitive balance sheet on whether the long-term results are favorable or unfavorable. But it does provide perspective, allowing [a] greater understanding of what consumerism involves, and perspective...offers a greater capacity to choose...rather than being swept away by the latest enthusiasm† (Stearns, 159). Peter Stearns’ book â€Å"Consumerism In World History: The Global Transformation of Desire† offers an extensive perspective on the