What was the effect of the rise of the consumer economy and new technologies?

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29-12-2018
Social Studies

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What was the effect of the rise of the consumer economy and new technologies?

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ricardouribeb ricardouribeb · Answer 1 · 2018-12-29T23:53:39+01:00

Good question! There have been not just one, but many effects with the rise of these two subjects. Let's begin with the essential factors that caused the rise in consumism:

Mass production.
Mass advertising.
Massive credit approval.
And economic prosperity.

These 4 factors are the perfect formula to create a consumist society, which in return gives us the following effects, some good but some terrible:

Massive contamination.
Raised standard for average living/household.
Continuous encouragment to adquire new goods.

Now, regarding the new technologies we mostly can say that the positive effects weight a lot more than the negative effects.

Assembly lines are faster, which increases the supply of new products. Almost everyone now can have a phone, or a TV, or a car.
Technological innovations have increased manufacturing efficiency.
Life expectancy rates are much higher now.
Rapid consumption of resources.
Day-to-day simplification

Let's not forget that we are quickly consuming resources from our planet Earth. The best society is an ecologic and sustainable society :)

Happy holidays!

cellistsfuturistic cellistsfuturistic · Answer 2 · 2018-12-30T05:15:36+01:00

Mass Production:::One of the effects of the rise of the consumer economy and new technologies was mass production of products all over the world to satisfy consumers,local and abroad.
Assembly Line:::Big tasks were divided into small ones so that unskilled workers might be able to finish their tasks and help in mass production.
Standard of Living:::Consumer economy has raised the standard of living of people all of the world.Even if a product is not available in a particular,it is exported from some other country to make it available for consumer consumption.