Title:Consumption

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The Rise and Spread of the Consumption:

“By virtually any measure—household expenditures, number of consumers, extraction of raw materials—consumption of goods and services has risen steadily in industrial nations for decades, and it is growing rapidly in many developing countries.” By one calculation, there are now more than 1.7 billion members of “the consumer class”—nearly half of them in the developing world. A lifestyle and culture that became common in Europe, North America, Japan, and a few other pockets of the world in the twentieth century is going global in the twenty-first. Worldwide, private consumption expenditures—the amount spent on goods and services at the household level—topped $20 trillion in 2000, a four-fold increase over 1960 (in 1995 dollars).

Title: Consumption -- Final Stage