Consumerism, Marketing, Influence, Planned Obsolescence, Business

Consumerism

The ideology that encourages the acquisition of goods and services in ever-increasing amounts.

Marketing

The process of promoting, selling, and distributing a product or service to meet consumer needs.

Planned Obsolescence

Designing products to have a limited lifespan to encourage repeat purchases.

Business Revenue

Money earned by companies through selling goods or services.

Government Responsibility

The obligation of the government to safeguard the well-being of its citizens.

Individual Choice vs. Collective Security

Balancing personal freedoms with the need for societal protection and safety.

Quality of Life Factors

Elements that contribute to the overall well-being and satisfaction of individuals in a society.