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Consumer society
CONSUMER SOCIETY

Definition: You can use consumer society to refer to a society where people think that spending money on goods and services is very important.
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* Reference will be appropriate when all seven elements are in.


1. Government policies support liquidity in the system.

2. The economic system or model promotes financial freedoms.

3. Importation and exportation will not be strictly restricted.

4. The stock and currency markets will be growing and stable over considerable periods of time. That is, inflation will be manageable.

5. Benefits will be expected by the people such as more employment opportunities, increased productivity, better living standards, etc.

6. Creditworthiness and the level of consumer credit will be high.

7. Savings and investment habits will be virtually non-existent.
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See perfect STRINGENCY (1).
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See perfect COST-EFFECTIVENESS.
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See perfect CONSPICUOUS CONSUMPTION.
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See perfect PANDORA'S BOX (1).
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See perfect RAISON D'ETRE.
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See perfect DISINFLATION.

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