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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