Friday, February 16, 2018

How Companies Use Consumerist Culture for their Own Benefit


KEY ECONOMIC PRINCIPLES I’M ADDRESSING:
 Institutions are the 'rules of the game' that influence choices'

OVERALL RESEARCH QUESTION:
How has a spike in consumerism in our culture altered the way stores produce, advertise, and sell?
Likewise, how has consumerist culture changed the incentives behind
buyer's purchases?

SUB QUESTIONS

  • In the past ten years, how have current companies’ ads changed?
  • Do companies sell more as consumerism has risen, or do people simply buy more of the same supply?
  • What caused this spike in consumerism?
  • How has consumerist culture changed people’s thoughts towards companies and products? Do companies anticipatethese thoughts and act in its favor?

RESOURCES FOR RESEARCH: 



Source: www.insuredasap.com

1 comment:

  1. This is really interesting based on the fact that it mentions how companies try to fool consumers into purchasing a lot of different items with consumer related ads.

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