Consumer economic socialization

Abstract

This chapter addresses the concept of consumer economic socialization as it has developed in the literature. Specifically, it covers the context in which the following have been studied: economic socialization; children and adolescents' developmental competencies in understanding and participating in economic and consumer processes; and major agents of economic socialization, including culture, media, schools, peers, and families. Needs for further research are also briefly discussed. © 2008 Springer Science+Business Media, LLC.