A part of the consumerism cycle is that manufacturers do not advertise goods. sell goods only for cash. advertise goods. make fewer goods.
The Correct Answer and Explanation is :
The correct answer to the statement is: advertise goods.
Explanation:
Consumerism refers to the social and economic order that encourages the acquisition of goods and services in ever-increasing amounts. One of the key components of the consumerism cycle is advertising, as it plays a pivotal role in driving demand for goods. Here’s a breakdown of how advertising fits into the cycle:
- Advertising Goods: Manufacturers and businesses use advertising to inform consumers about the availability, benefits, and features of their products. This creates awareness, stimulates desire, and prompts purchasing behavior. Advertising helps shape consumer preferences and can influence purchasing decisions by appealing to emotions, social trends, and perceived needs. Without advertising, many products may go unnoticed, and their sales may decline, even if the goods themselves are of high quality. Effective advertising ensures that consumers are continuously exposed to new products, which fuels the demand for more production.
- The Role in the Economy: Advertising is closely linked to the economic growth of a nation. It stimulates consumption, which in turn supports production. When manufacturers advertise their goods, they essentially increase demand. This leads to more manufacturing, more sales, and often, more jobs. The increased consumer demand for advertised goods can drive the economy forward, especially in economies that rely heavily on consumer spending.
- The Consumerism Cycle: The cycle begins with the creation of goods, followed by advertising to generate interest. Once consumers purchase the advertised products, manufacturers earn revenue, which can be reinvested into creating more goods, continuing the cycle. Without advertising, the link between producers and consumers weakens, potentially stalling this cycle.
In contrast, selling goods only for cash, making fewer goods, or not advertising goods would hinder consumerism. Limiting advertising would result in lower demand, affecting both production and sales. Thus, advertising is an integral part of sustaining the consumerism cycle.