Consumer I.notebook May 18, 2016
Consumerism
con·sume
verb (used with object), con·sumed, con·sum·ing.
1. to destroy or expend by use; use up.
2. to eat or drink up; devour.
3. to destroy, as by decomposition or burning: Fire consumed the forest.
4. to spend (money, time, etc.) wastefully.
5. to absorb; engross: consumed with curiosity.
Consumer I.notebook May 18, 2016
Consumerism and the Economy
Last chapter we looked at how the economies were different, this chapter looks at how they are the same
• an economic theory that links prosperity to consumer demand for goods and services
• makes consumer behaviour central to economic decision making
• the idea that the more people buy, the better the economy because more money is being circulated
• Tied to materialism excessive desire to acquire and consume material goods.
• a value system which regards social status as being determined by affluence as well as the perception that happiness can be increased through buying, spending and accumulating material wealth.
Consumerism
What do you think of this?
Make sense to you?
What are the impacts of this?
http://www.youtube.com/watch?v=PZ29DQvopZo
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Consumer I.notebook May 18, 2016
ConsumerismWhat is it?
http://www.youtube.com/watch?v=dN8vyO8ILD8&feature=bf_prev&list=PL02018E0C047A4BD3
Consumer I.notebook May 18, 2016
Look at the photos from the front, and answer the following, 2 or 3 for each side
what opportunities can consumerism create for society?
Why is it good?
what challenges(problems) can consumerism create for society?
Consumer I.notebook May 18, 2016
Think of WEST EDMONTON MALLWest Edmonton Mall covers a gross area of about 1 000 000 m²and cost 32 billion to build. There are over 2300 stores and services and parking for more than 20,000 vehicles. More than 23,000 people are employed at the property. The mall receives 28.2 million visitors per year and between 60,000 and 150,000 shoppers daily depending on the day and season. The mall is currently valued at 30 billion.
Think of the money being circulated, things being bought, sold, services, eating, drinking, rides, hotels, movies...
Consumer I.notebook May 18, 2016
What impact can consumerism and consumer behavior have on the environment?
What about all that stuff?
1 2video
Counter Culture
1960's "hippie" movementWandervogel
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Consumer I.notebook May 18, 2016
Consumerism is part of our Culture
Circulation of money is our FABRIC of society
Positives
• Jobs• Circulation of money• Quality of life• Create other opportunities
Negatives
• Income Inequality• Emotional depression/shopping addiction• Environment
Your responsibility as a consumer is to make the best choice about your own money as educated as possible
Do corporations have any responsibility as to how they conduct business?
In some ways we are "brainwashed to shop"
Consumerism cont....
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Know the tricks! SELF CONTROL WILLPOWER!
Not all DOOM and GLOOM
Mass Consumption Versus Responsible Consumerism
Needs and Wants
Do you really need those things?
Can you afford those things?
Will it last?
Is this an impulse buy?
Live within your means!
Consumer I.notebook May 18, 2016
