1. the belief that it is good for people to spend money on goods and services; the economic theory that increased consumption benefits society
Usage: economics
2. the practice of protecting consumers from unfair business practices
Usage: legal; business

Examples

• Critics argue that consumerism leads to environmental damage and personal debt.
• The holiday season often promotes excessive consumerism.
• Modern advertising fuels consumerism by creating artificial needs.
• The consumer advocacy group fought against corporate consumerism practices.
• Some people reject consumerism and choose to live more simply.
• Economic growth in many countries depends heavily on consumerism.
• The rise of social media has intensified consumerism among young people.