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Youth consumerism and consumption of status products A study on the prevalence of social presure among students of professonal courses

By: Contributor(s): Material type: Mixed materialsMixed materialsPublication details: 2012Description: 44-64Subject(s): NLM classification:
  • 658.401
In: ICFAI: JOURNAL OF BUSINESS STRATEGYMSummary: High consumption cultures have been sweeping across the world and consumers across the world are taking more and more debt to support such consumption habits. Economic liberalization and rapid spread of globalization have led to the spread of such high consumerist cultures among Indian consumers too. The area of concern here is that an increasing number of Indian consumers are taking high cost personal loans to fund their acqusition of status items.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 9/2 Available P14574

High consumption cultures have been sweeping across the world and consumers across the world are taking more and more debt to support such consumption habits. Economic liberalization and rapid spread of globalization have led to the spread of such high consumerist cultures among Indian consumers too. The area of concern here is that an increasing number of Indian consumers are taking high cost personal loans to fund their acqusition of status items.

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