noun Download 🔗Share A policy of protecting and informing consumers through honesty in advertising and packaging, improved safety standards etc Examples : "The company's commitment to consumerism ensured that customers felt safe and confident buying their products. " economy business society government Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A materialistic attachment to possessions. Examples : "The holiday season often fuels consumerism, with people feeling pressured to buy more and more gifts. " economy society culture Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share An economic theory that increased consumption is beneficial to a nation's economy in the long run. Examples : "The government believes that consumerism, by encouraging people to buy more goods, will help businesses grow and create jobs. " economy business theory society culture Chat with AIVocabulary GamePractice Reading