Causes and effects of materialism
Causes
Society
In society today people have been taught that you "need" more in order to be the happy, we tend to believe that the more we have the better we are. In our society we put a person on a higher level than us if they have a lot or more stuff. We seek to be like this person. it seems to be a measure of success in our society, admired by those who have less than you.
This is where Materialism comes in.
Effects
Effects on the economy
Materialism is sometimes used as status symbol, causing people to purchase items that they cant afford, so that they can fit it. Not only do they buy things to “look cool” but they also do it to flaunt their wealth. Materialistic people tend to save less, weakening economic expansion. Economic materialism drives consumers to spend their incomes on unnecessary items, which translates to economic growth, and producers to meet consumer demand. This leads to more spending and increased GDP(Gross Domestic Production).
Effects on teens
Teenagers are directly affected by materialism because society tells them they need trendy and expensive items. Materialism in teens could lead to self-esteem issues and bullying, because they are pressured into buying these things and are often teased if they don’t.
Society
In society today people have been taught that you "need" more in order to be the happy, we tend to believe that the more we have the better we are. In our society we put a person on a higher level than us if they have a lot or more stuff. We seek to be like this person. it seems to be a measure of success in our society, admired by those who have less than you.
This is where Materialism comes in.
Effects
Effects on the economy
Materialism is sometimes used as status symbol, causing people to purchase items that they cant afford, so that they can fit it. Not only do they buy things to “look cool” but they also do it to flaunt their wealth. Materialistic people tend to save less, weakening economic expansion. Economic materialism drives consumers to spend their incomes on unnecessary items, which translates to economic growth, and producers to meet consumer demand. This leads to more spending and increased GDP(Gross Domestic Production).
Effects on teens
Teenagers are directly affected by materialism because society tells them they need trendy and expensive items. Materialism in teens could lead to self-esteem issues and bullying, because they are pressured into buying these things and are often teased if they don’t.