Growth of the American Economy

study guides for every class

that actually explain what's on your next test

Consumer culture

from class:

Growth of the American Economy

Definition

Consumer culture is an economic and social order that encourages the acquisition of goods and services in ever-increasing amounts. This culture thrives on the idea that personal happiness and social status can be achieved through consumption, deeply intertwining with societal norms, values, and behaviors. It emphasizes the significance of advertising, branding, and credit expansion, shaping lifestyles and influencing economic growth, particularly evident during periods of suburban expansion and housing market growth.

congrats on reading the definition of consumer culture. now let's actually learn it.

ok, let's learn stuff

5 Must Know Facts For Your Next Test

  1. The rise of consumer culture in the mid-20th century was heavily influenced by the post-World War II economic boom, which increased disposable income for many American families.
  2. Advertising became a dominant force in shaping consumer preferences, with companies investing heavily in marketing campaigns to promote products and lifestyle aspirations.
  3. The expansion of credit facilities, such as credit cards and installment plans, made it easier for consumers to purchase goods without immediate payment, fueling increased consumption.
  4. Suburban expansion led to the development of shopping malls and retail centers, transforming how consumers accessed goods and reinforcing a culture of convenience and leisure spending.
  5. Consumer culture has been linked to environmental concerns due to overconsumption and waste generation, prompting discussions about sustainable practices in recent years.

Review Questions

  • How did credit expansion contribute to the growth of consumer culture during the mid-20th century?
    • Credit expansion played a pivotal role in the growth of consumer culture by allowing consumers to purchase goods beyond their immediate financial means. The introduction of credit cards and installment plans provided individuals with greater purchasing power, leading to increased spending on a variety of products. This not only fueled demand but also encouraged businesses to produce more consumer goods, further entrenching consumerism in American society.
  • In what ways did suburban expansion influence consumer culture in America?
    • Suburban expansion significantly influenced consumer culture by changing how and where people shopped. The rise of suburban neighborhoods led to the development of shopping malls and retail centers designed for easy access by car. This shift created a new shopping environment that promoted leisure spending and a culture centered around convenience. As families moved to the suburbs, their consumption patterns evolved, emphasizing home-related purchases and lifestyle-oriented products.
  • Evaluate the long-term effects of consumer culture on American society and its economy.
    • Consumer culture has had profound long-term effects on American society and its economy, shaping individual identities and social values around materialism and consumption. While it has driven economic growth by boosting production and employment, it has also contributed to significant environmental challenges due to overconsumption. Furthermore, this culture has created disparities in wealth and access to goods, leading to ongoing debates about sustainability, ethical consumption, and the need for a more balanced approach to economic growth that prioritizes well-being over mere consumption.
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides