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 mess that 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...