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The theory that an increasing consumption of goods is economically beneficial
Answer for the clue "The theory that an increasing consumption of goods is economically beneficial ", 11 letters:
consumerism
Word definitions for consumerism in dictionaries
Wikipedia
Word definitions in Wikipedia
Consumerism as a social and economic order and ideology encourages the acquisition of goods and services in ever-increasing amounts. Early criticisms of consumerism occur in 1899 in the works of Thorstein Veblen . Veblen's subject of examination, the newly ...
WordNet
Word definitions in WordNet
n. the theory that an increasing consumption of goods is economically beneficial a movement advocating greater protection of the interests of consumers
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
1944, "protection of the consumer's interest," from consumer + -ism . Also, "encouraging consumption as an economic policy" (1960). Related: Consumerist (1965, n.; 1969, adj.).
Longman Dictionary of Contemporary English
Word definitions in Longman Dictionary of Contemporary English
noun COLLOCATIONS FROM CORPUS ■ ADJECTIVE green ▪ Green Believers must quicken these connections. Green consumerism is a hopeful token of more substantial change. ▪ The question is whether, having raised the issue, green consumerism then legitimises a half-baked ...
Wiktionary
Word definitions in Wiktionary
n. 1 A policy of protecting and informing consumers through honesty in advertising and packaging, improved safety standards etc 2 A materialistic attachment to possessions. 3 An economic theory that increased consumption is beneficial to a nation's economy ...
Usage examples of consumerism.
In Teheran, Western consumerism assaults you everywhere with signs for Kenwood stereos, Toshiba computers, Swiss watches, and American soft drinks and computer software programs.
To say that consumerism does not deserve all of the blame is not to deny it was a contributing factor.
You need to have a rich computer infrastructure, a functioning telecommunications network, cheap access to the Internet, computer literacy, inability to postpone gratification, a philosophy of consumerism and, finally, a modicum of trust between the players in the economy.
But DalziePs huge frame was lead lined, and this imperviousness, plus his prodigious feats of consumerism, had brought these devout free-marketeers to a wondering respect.
This was what Christmas was all about: not the gluttonous consumerism of the telly ads but a brief interval in which all the filth and flaws of human existence were cloaked in a mantle of purest white.
A techno-escape forward into a future that looks more like the past than the future because materialism, consumerism, product-fetishism, all of these things will be eliminated and technology will become nanotechnology and disappear from our physical presence.
By the mid 1970s, the heady consumerism of the 1960s was on the wane, and the dollar bought less and less.
It was well known that consumerism was responsible for much greed and injustice.
That it was also a society that mindlessly embraced the concept of the empty symbol, whether it be in the form of rabid name-brand consumerism or idolization of an empty-headed pop-star's pretty face, lent added poignancy to the stylized dolour of its ultra-modern facade.