RST 100 Lecture Notes - Lecture 10: Consumerism
Document Summary
Consumption is the antithesis of leisure- we have to work more, to be able to buy more things, and this get into a hectic, never satisfied, materialistic frenzied cycle. Buy nothing day (bnd)- international day of protest against consumerism: typically celebrated the friday after thanksgiving in us and the following day internationally, began in 1992, in 1997 date set for black friday . One of the 10 busiest shopping days in us. Wealth increases happiness when it lifts people out of poverty into middle class. Lottery winners- much happier after winning lottery, but one year later their happiness was not much higher. Parks and open spaces reduces obesity and health care costs. A report found that about 1 million people visited arches and canyonlands national parks, which resulted in an estimated million of tourism related spending. Estimated that this spending supported 2,315 jobs, resulting in nearly million in personal income. Video: summer has economic increase due to tourists.