The effect of consumerism in the economy, is determined as an economic and social order that promotes the consumption of products or services that can exceed the main needs of individuals.
It is a social force that obliges producers to act responsibly and thus benefit consumers and in turn allows buyers to assert their rights in protection of their interests and wellness.
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In this article you will find:
Causes of consumerism
The main causes of consumerism We can classify them as follows:
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1. Influence of advertising
Today people face all kinds of advertising, where large amounts of products are offered that may be necessary or that simply create false needs. Advertising has the ability to influence purchasing decisions by highlighting products so that people over-buy.
2. The capitalism
The main mechanism of capitalism is consumerismTherefore, it focuses on producing varieties of products regardless of what they are consumed.
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3. Lack of recycling programs
In the absence of learning or recycling is not promoted, it may happen that consumers discard products frequently without taking into account that they could continue to be used without the need to buy new goods.
4. The globalization
Today globalization has succeeded in dissolving and expanding territorial limitations in the production, distribution and consumption system.
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5. Low product quality
Today's products have an expiration date so that consumers have to buy it again after it expires. Manufacturers of different brands apply this system, realizing that they are not making enough profit when making durable products.
6. Financing
The constant attraction to consumerism, allows consumers to opt for financing to be able to buy the products that are difficult to obtain and can pay for them in comfortable long-term installments, however, today's buyers use this system to purchase some products that are not necessary.
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7. Service and warranty
During the sale, the sellers offer products that guarantee their good performance. Despite this, if it is damaged or has a defect after it has been sold, it may happen that the buyer cannot make claims and that is why there are buyer repair forums.
8. Assembly problems
Many products are made by combining other products that are assembled for certain functions. Some of the components are not easily seen and if the buyer does not have sufficient technical knowledge to inspect it, they will not be able to evaluate the parts it contains.
9. Adulterated products
In the world of sales there are sellers capable of adulterating products with mixtures of poor quality ingredients that can affect consumers, to get more profit from illegal way.
The causes of consumerism They can be observed through the purchases of products that are sometimes exaggerated or unnecessary in people's lives. If you are interested in knowing much more about what it is, its characteristics, consequences and its examples, you can do so through our website.
Sources and references
- Kelly R. (2021, March) Consumerism.
- Smith J. (2019, January) Consumerism, Meaning and Reason.
