ADMS 1010 Lecture Notes - North West Company, Timothy Eaton, Consumerism

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: All

Document Summary

Lecture 8 the rise of the canadian consumer and canadian retail . Economic theory that individual consumers drive the market. Any purchase or exchange of goods beyond the fulfillment of a person"s basic needs is at the heart of consumerism. While consumerism has always exists as long as there was civilization, the. Enjoyed by those i admire: advertising and marketing play a large roll in consumerism. The demand for unnecessary products can cause problems as consumers get into debt trying to emulate those above them. The quest for the newest and best creates turnover of products, which can increase waste created by products, uses up limited resources quicker creating new products, contributing to global warming and other environmental disturbances. Societal malaises as people are never happy, always wanting more. Consumption of goods becomes a never ending quest. The first department store ever was opened in england in 1734.