Meaning of the word consumerist in English

What does consumerist mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

consumerist

US /kənˈsuːmərɪst/
UK /kənˈsuːmərɪst/

Adjective

1.

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

Example:
Today's consumerist economy sustains profitability by creating needs.
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