Executive Summary
Defining consumerism can be complicated. Consumerism is a term used to describe the effects of equating personal happiness with purchasing material possessions and consumption (Fritsh). In other words, consumerism is the wants and needs of people based upon standards that are set in a given society and how those people acquire wealth. Throughout history, consumerism has evolved drastically since the first records of civilized society were recorded. The evolution of consumerism in the United States can be understood by dividing it into three basic components; trade, monetary policy and the digital economy. These types of economies can also be described as the agricultural economy, the industrial economy, and the post industrial economy.
At first, consumerism in the United States was established as trading between Indians and settlers for crops and labor. This was also known as the agricultural society. Currency was brand new to the Indians of North......
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Approximate Word Count: 1523
Approximate Pages: 6 (260 words per double-spaced page) |