Consumption Bias Case Study

Decent Essays
Also this chapter explain the business and markets aspects of high consumerism and make some important points
 Create competition among firms
 “Consumption Bias”: tendency for increases in productivity

 Human by nature want to buy, if there is an opportunity to consume human will consume

 Consumption reference group: groups of people with you compare yourself around consumption norms

 Consumption norms: shaped by images that people see in the mass media

Not only but also there are main problems that emerge from high consumerism:

 Environmental sustainability, the planet is incapable of support American-style consumption (Norton August 2001)
 “Time binds” People want to work more to get more money and to be able to consume

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