1) To use up goods or services, either by the consumers or by the companies that
produce the goods or services. Thus it leads to waste
and reduction of valuable resources. For the consumer, it can lead to stress, debt, obesity, waste
, lack of space, etc.
2) The #1 thing that
got us (America) into the economic
we are in right now. We only got ourselves
to blame in this one.
Wow, it's the new $12,000 diamond iPod case! I must get it, even
though I'm two months behind my four-bedroom home, about to lose my Lexus SUV, and have already
maxed out three of my credit cards! Mass consumption...