Definition of Consumerism
an economic theory based on the idea that spending money/selling lots of goods is good for the economy
Examples of Consumerism in a sentence
Because America is based on consumerism, the economy relies on the hustle and bustle of sales.
Consumerism is so prevalent in the country that people spend millions of dollars on electronics to stimulate the economy but don’t have any money in savings.
The economics teacher explained to the class that selling a lot of goods is one of the bases of consumerism.
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