Which phrase defines consumerism?

When buyers and sellers interact in a market what is the result? What is a group of economists called? N 1995 there were four people paying taxes for every one Medicare recipient. In 2050 there will be? What is it called when companies produce more goods than consumers are buying? How did people make money back then? Did John D Rockefeller created Monopoly? What is meant by lissez faire? What does the Production Possibility Frontier of a country represent? What is the current price of scrap tungsten carbide? How much is 210 English pounds in us dollars? How was the FDIC meant to prevent another depression? How does a society answer the three economic questions about the production and consumption of good and services? How grades eliminate competition? What does 6 thousand million look like in number form? What characteristic of economic panics in the early 1800s? What role does the reserve bank play in the economy? What is smaller unit of the British currency pound? How much is a half dollar silver coin worth? What is more precious than gold but cannot be bought it can never be sold but its earned by its sought it can be broken but it can be mended at birth it cant start nor death can be ended? How INSTAT calculate the Growth output?