Consumerism refers to an economic ideology that promotes ever-increasing consumption of goods and services.
|Arguments in favor of||Arguments opposing|
|It promotes consumption of goods and services.|
|Consumer demand helps to support the production of goods and services.||Promoting consumption may result in excessive consumption and waste of resources.|
|It promotes continuous increase in consumption.|
|Consumerism creates an avenue for continuous growth in economic activity.||The increased economic activity due to consumerism may come at the price of environmental damage.|