Consumerism Flashcards
Define Consumerism.
Consumerism is a cultural and economic ideology that encourages the acquisition of goods and services in ever-increasing amounts. It is often driven by the idea that happiness and fulfillment are linked to consumption.
Explain the five stages of modern consumerism.
1) Introduction of new luxury goods, 2) Rise of an urban middle class and manufactured goods, 3) Emergence of “consumerism” as an economic strategy, 4) The post-war economy promoting consumption as a way of life, and 5) Exponential consumption growth due to globalization and digitalization.
How has modern consumerism contributed to environmental degradation?
odern consumerism has led to environmental degradation through excessive resource extraction, production of waste, and toxic e-waste. The rapid and often unsustainable consumption of goods has put pressure on natural systems.
What are the driving forces influencing consumption?
Consumption is influenced by various factors, including economic, social, demographic, cultural, and psychological factors. These factors can include income, social interactions, age, fundamental values, and individual behavior.
What is the impact of overconsumption on well-being?
nce basic needs are satisfied, the impact of additional income on happiness becomes negligible. Overconsumption driven by the pursuit of “faster, newer, cheaper” products does not significantly enhance well-being.
What is the UN Sustainable Development Goal 12, and why is it important?
UN Sustainable Development Goal 12 is to ensure sustainable consumption and production patterns. It is essential because it promotes responsible consumption and production practices that can reduce pollution, improve awareness, enhance social welfare, and reduce the cost of waste management.
What are the environmental, social, and economic benefits of responsible consumption and production?
Responsible consumption and production practices can lead to environmental benefits such as reduced pollution and optimal resource use, social benefits like enhanced awareness and well-being, and economic benefits such as cost reduction and better process efficiency.
