Answer:
increased spending on nonessential items
increased prices on products
increased debt from paying without cash
Explanation:
Consumerism is a situation when people in society started to be constantly encouraged to purchase new products/services. Companies often do this by making their products seems to have more value that they actually are within their advertising campaign. This tend to lead to increased spending on nonessential items
, and the increasing demand lead to increased prices on products
Often times, people experience a pressure within their social group to purchase a certain product. Ownership of an expensive product tend to be perceived as a 'high status' within the social group. This make people often purchase the products even when they currently do not have money to purchase it. Leading to increased debt from paying without cash
