Excessive consumption of goods and services
- Overconsumption
Incidence
The population of the USA, as 5% of the world's population, consumes 30 % of the worlds resources. The USA at the present time must borrow over $150 billion a year externally to finance a 15 year long binge of household, social and defence spending. The USA has become the largest debtor in the world from the largest creditor in the last two decades.
Claim
According to the Vatican, the real problem is not overpopulation, but overconsumption.
Societies that consume more goods and services than they produce or can purchase from which they produce are morally and financially in difficulty.
Broader
Narrower
Aggravates
Aggravated by
Reduces
Strategy
Value
Reference
SDG
Metadata
Database
World problems
Type
(C) Cross-sectoral problems
Subject
Amenities » Consumption
Commerce » Merchandise
Economics » Resource utilization
Social activity » Services
Content quality
Presentable
Language
English
Last update
Feb 23, 2022