Chapter 7 Flashcards
Consumerism
introduction
what is consumerism
the philosophy that consumption, material goods, and prosperity are all related to a positive quality of life
the more people buy, the better
introduction
how did consumerism start?
after the black death
people began buying–creating an economic cycle
people became materialistic
introduction
influences for consumptions
peer pressure
want and needs
originality
price
quality of item
health and safety
factors influencing consumer behaviour
identity
health and safety
jobs
environment
marketing
factors influencing consumer behaviour
identity
the choices consumers make affect our ideals
influence by peers/family
- advertising does affect choice
conformity leads to unoriginality
brand names = acceptance and belonging
factors influencing consumer behaviour
health and safety
warnings on items that may be harmful
ppl may/may not buy something bs of ingrediants
some products are banned by govt
product labelling law: producers must list ingrediants in food/cosmetics
factors influencing consumer behaviour
jobs
our choices as consumers affect the economy
the more people buy, the more job opportunities
spending plays an important role in mixed/market economies
no spending=store owner cant hire staff=ppl cant support their families
factors influencing consumer behaviour
environment
choices we make affect land, air, water
production, packaging, sale of goods have an impact on the environment (there are better ways)
many companies became environmentally friendly due to consumer demand
legistlation has been passed for consumers to make environmentally friendly choices
factors influencing consumer behaviour
marketing
we’re influences by marketing everyday (affects lives)
become a big industry
> millions of ppl work to attract ur money
competition act: legislation states what advertisers can and cant say
income disparity
(salary difference)
factors increasing likelihood of poverty?
not everyone living in the same region has the same prosperity
low education and single family households
how are we as consumers protected?
consumers in canada + usa have the right to…
safe products: regulation of food
info abt products: laws against false ads
choice between products: anti trust laws prevent monopoly
voice our concerns: govt agencies voice consumer concerns
what is a consumer advocate?
people who fight for more govt control and regulations to ensure consumer safety
ex. Ralph Nader
boycott
what is boycotting?
form of consumer activism involving voluntarily abstaining from using, buying, dealing with a person/organization
ex. PETA encourage ppl to not buy fur
boycott
how do boycotts happen?
when groups encourage public to not buy certain products
(draws attention to issue)
boycott
why boycott?
the hope is that they will pressure the companies to change
