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.

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