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Meaning of “consumerism” in the English Dictionary

"consumerism" in British English

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consumerismnoun [U]

uk   /kənˈsjuː.mə.rɪ.zəm/  us   /kənˈsuː.mɚ.ɪ.zəm/
politics the ​state of an ​advancedindustrialsociety in which a lot of ​goods are ​bought and ​sold
disapproving the ​situation in which too much ​attention is given to ​buying and ​owning things: He ​dislikedChristmas and ​its rampant (= ​extreme) consumerism.
(Definition of consumerism from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"consumerism" in American English

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consumerismnoun [U]

 /kənˈsu·məˌrɪz·əm/
social studies protection of ​consumers against ​harmfulproducts or ​businessmethods
(Definition of consumerism from the Cambridge Academic Content Dictionary © Cambridge University Press)

"consumerism" in Business English

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consumerismnoun [U]

uk   us   /kənˈsjuːmərɪzəm/
ECONOMICS a ​situation involving large ​amounts of ​goods being ​sold to ​individuals rather than ​businesses, especially when this is very important to an ​economy: State boundaries matter little in an age of ​global consumerism and ​investment. More and more ​people are convinced of the ​importance of ​ethical and ​green consumerism.
often disapproving the ​situation when too much ​attention is given to ​buying and ​owning things, often things that are not really necessary: Uncontrollable consumerism has become a watchword of our ​culture despite ​regular and compelling ​calls for its end. Bottled water very clearly reflects the ​wasteful and ​reckless consumerism in this country.
SOCIAL RESPONSIBILITY the ​protection of ​customers from dishonest ​businessactivities and ​advertising, from unsafe ​products, etc.: In a ​competitivemarket consumerism can be in the ​interest of ​sellers as well as ​buyers, if it is made into an ​effectivesellingpoint.
(Definition of consumerism from the Cambridge Business English Dictionary © Cambridge University Press)
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“consumerism” in Business English

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