Planned Obsolescence

Planned obsolescence is a business strategy in which products are designed with a limited lifespan or functionality, encouraging consumers to replace them more frequently. This approach can manifest through physical deterioration, technological advancements, or aesthetic changes that render older models less desirable. While it can drive sales and innovation, planned obsolescence has faced criticism for contributing to waste, environmental degradation, and consumer dissatisfaction. Advocates argue it stimulates economic growth, while opponents call for sustainable practices and longer-lasting products.
For more information, visit the Wikipedia entry on Planned Obsolescence.
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Tagsplanned obsolescencepremature obsolescence
LanguageENGLISH Content typeCOLLECTIONLast updateOCTOBER 20, 2018 AT 01:46:40 UTC