Consumerism has emerged to counter what are perceived to be the 'excesses of capitalistic competition'.

Question

Quizplus · Accepted Answer

Consumerism emerged as a social and economic order that encourages the acquisition of goods and services in ever-increasing amounts, partly as a response to the production and marketing practices that developed with industrial capitalism, which often prioritized profit over consumer needs and ethical considerations.

Consumerism Has Emerged to Counter What Are Perceived to Be