Consumerism
Consumerism refers to the cultural and economic phenomenon of acquiring goods and services. It emphasises the importance of consumption in society. This trend influences individual identity and social status. In India, consumerism has grown with economic liberalisation. It shapes lifestyles and drives economic growth. However, it also raises concerns about sustainability and social inequality. Balancing consumer desires with ethical considerations is crucial.
Definition of Consumption Patterns Consumption patterns refer to the trends and behaviours exhibited by individuals and societies in...
December 12, 2025
Globalisation refers to the increasing interconnectedness of economies, cultures, and populations worldwide. It facilitates the rapid exchange of...
March 20, 2025