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EtymologyEdit

consumer +‎ -ism

NounEdit

 
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consumerism (countable and uncountable, plural consumerisms)

  1. A policy of protecting and informing consumers through honesty in advertising and packaging, improved safety standards etc
  2. A materialistic attachment to possessions.
  3. An economic theory that increased consumption is beneficial to a nation's economy in the long run.

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