Teenagers Obsessed with Consumption Because of Media Advertisements and Other Influences

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Introduction Extensive research has recently been conducted concerning teenager consumer spending. The total number of teenagers in the United States was 25.6 million. In contrast to the population, the total teen spending was approximately $208.7 million annually. Premature affluence has increased dramatically in this generation. Teenagers have been overspending on materialistic products. This was also a cause of the increasing poverty and debt rates.The term “Premature Affluence” is a concept that describes when a group of people, especially teenagers, have more income than one can manage maturely (Piquero & Tibbets, 2002). The present research seeks to find factors that contribute to the mass amount of spending by adolescents in the United States. Adolescents make up a large amount of the population and companies have recently begun to realize their significance. Companies over the centuries have shifted their focus points of marketing to middle age men and women and now to adolescents. They have come up with several different techniques to lure in adolescents and take advantage of their vulnerability. The effects of Premature Affluence weakens the economic status of families and teenagers become products of the society. This affects our society because it hinders the future economic status of young adults which can limit their succession in higher education and careers. Teenagers who overspent money on materialist products to fit in or to be viewed as cool waste a lot of income that could had other wised been saved for necessities. Companies have a major impact on teenagers. In addition, media, parents, friends and peers also have a large impact on teenage decision making. This research distinguishes the major factors tha... ... middle of paper ... ...ed from ScienceDirect database. Mangleburg, T. F., Doney, P. M., & Bristol, T. (2004). Shopping with friends and teens’ susceptibility to peer influence. In Science Direct (2nd ed., Vol. 80). Retrieved from ScienceDirect database. Moschis, G. P., & Mitchell, L. G. (1986). Television Advertising and Interpersonal Influences on Teenagers’ Participation in Family Consumer Decisions. In Association for Consumer Research (Vol. 13). Retrieved from http://www.acrwebsite.org/search/view-conference-proceedings.aspx?Id=6487 Pechmann, C., Levine, L., Loughlin, S., & Leslie, F. (2005). Impulsive and Self-Conscious: Adolescents’ Vulnerability to Advertising and Promotion. In Jstor (2nd ed., Vol. 24). Retrieved from JSTOR database. Piquero, A. R., & Tibbets, S. G. (Eds.). (2002). Rational Choice and Criminal Behavior: Recent Research and Future Challenges. Routledge.

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