Professional Documents
Culture Documents
E M A TE R I A L /
TH
O NO M IC S EL F
EC (G r o u p 1)
in g t h e S e lf -Final term
Understad
h Or t iz , E ll a Lim
h a r c Ic a ll a , Keit
in es , H e iros Nini, M
. J a v
Jane Justin N
Learning Outcomes ...
Presentation Party Principles
“SHOPPING”
Choose 5 objects to put
Conspicuous consumption
and the joyless economy
l y S e l f
Bodi
CATEGORIES OF
expresses our psychological
ownership of particular things,
objects, places, and even people.
MATERIAL SELF
Material possessions as emotional
investments
Materialism as an expansion of
one’s sense of self
The mere ownership effect
When material possessions are
imbued with value, we accumulate
and use them to elevate self-
worth
Impression Management Extended
Materialism and symbolism Self
COMPOSITION OF MATERIAL SELF
SELF-CONCEPT
The ways in which we look at ourselves affect how we materially
express that self.
BODY IMAGE
How we look at and value our bodies and we look like determines
the brands and things that we buy and items, that make us happy.
SELF-ESTEEM
The level of value we give ourselves also has an effect in the
material things we buy.
ROLE PERFORMANCE
The roles we play and the demands o these roles also determine
Back to Agenda
our sense o materiality
Factors Affecting
Material Possessions
ON S O F
U NC TI 02
F O NS
Power
SS ES SI
PO 03 Sympathy
04 Social status
Possessions can go
beyond their
05 Emotions
functional value.
ECONOMIC SELF
PRESENTATION AND IDENTITY
ECONOMICS
- defined as “the study of things that a person is
lacking, of how people make use of the things that
they have, and of making the right decisions”
Economic Self-Sufficiency
-the ability of individuals and families to consistently
meet their needs with minimal or nonfinancial
assistance or subsidies from private or public
organizations.
Economic Consciousness
io n a n d p r o f e s s io n a li z a t io n o f
-the result of s o c ia li za t
ir e s a p a rt ic ula r s ig n if ic a n c e in
the subject th a t a c q u
human affairs
Economic Identity
eno
g n
ictahla t
p r
heesnuolt
m s fr om
-a ps y c ho lo
n (i d e nt if ic a t ion a n d
social categorizatio
differentiation)
ROLE OF CONSUMER CULTURE
ON THE SENSE OF SELF AND
IDENTITY
Consumer Identity
of co n s u m pt io n t h at de sc r ib e s
-the pa tt er n
a consumer
Consumer Culture
o p le m a y n o lo n g e r
-developed because pe
e r v ic e s b e ca u s e o f
consume goods and s
itsfu n ct io n a l s a t is fac t io n
io n h a s b e c o m e m o r e m e a n in g - b a s e d
- co n s u m p t
s ar e n o w b e in g u s e d b y
-brands and product
e x p r e s s t h e ir id e n t ity
many consumers to
Consumerism
- is the preoccupation with and the
inclination towards the buying
of consumer goods
Behavioral Finance
- a new field that combines behavioral
and cognitive psychological theory with
conventional economics and finance to
provide explanations for why people make
irrational financial decisions- If a person fails to
choose, then that person chooses to fail.
Possessions as Symbolic Expressions
of Identity
(Symbolic Communication Model)
They are symbols and extensions of the personal and
social aspects of identity/personhood. Possession
help people define themselves. Enhance one’s image
and develop a positive sense of self.