Meaning of “consumerist” in the English Dictionary

"consumerist" in Business English

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uk /kənˈsjuːmərɪst/ us /kənˈsuːmərɪst/

ECONOMICS relating to a society in which a lot of goods are sold to individuals, and this activity is very important to the economy:

Today's consumerist economy sustains profitability by creating needs.
China's consumerist boom

often disapproving giving too much attention to buying and owning things, often things that are not really necessary:

Our culture often seems extremely consumerist and self-centred.

(Definition of “consumerist” from the Cambridge Business English Dictionary © Cambridge University Press)