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Background Reading & Preparation: TEXTBOOK (Ch. 4 & Ch. 5) PPTs #4 and #5 (Audio
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Background Reading & Preparation:
TEXTBOOK (Ch. 4 & Ch. 5)
PPTs #4 and #5 (Audio or Read-only)
Ted Talk video on “What’s in the box?”
Video Clip on “The Real Cost of our Throw-away Culture”
PPT with Pictorials on ‘Consumerism’
(A). Original Contribution:
Post an original personal essay in which you analyze Consumerism and Purchasing Decisions in your family. Show evidence that you read and viewed the course materials listed above. Also give your essay a creative personal title.
Your essay should be 3 – 5 paragraphs (total no more than 1 page)
Base the content of your essay on the following 5 sets of questions. Do not use a ‘question & answer’ format. Your essay should flow freely and be easy to read and follow.
Identify ways in which your family of origin may have been influenced by aspects of: Impression Management; Conspicuous Consumption; Artificial Obsolescence and Consumerism when making decisions about spending and purchasing? Give examples & illustrations.
How are your current Preferences and Consumer Behaviors based on conscious or sub-conscious family values from your family of origin, or on your own personal/individual reasons?
Now that you understand Maslow’s Hierarchy of Needs, which needs are shaping your current consumer choices in the various categories of spending? Which areas you are anxious to add as soon as you acquire more financial assets? Which values are influencing your ‘Wants”
Graham Hill in his Ted Talk, challenged the values of a consumer society. What general suggestions would you propose for successful management of your own current financial resources, or on the financial resources for your future companionate family, in a consumer-oriented society, considering that Business and Families have conflicting objectives?
What changes would you like to see in society that may bring into balance the consumer pressures from business with the wellbeing of individuals and families?
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