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Public Engagement in Experiential Futures

Decline in materialism

Because of increased economic pressures and a favorable social lifestyle shift towards minimalism, millennials are buying less things. Technology and the mindset of the sharing economy (AirBnB, Uber, Spotify etc.) are encouraging people think differently about what it means to “own” something. Because of this, the balance between supply and demand has been altered, and the value has moved to more experiential purchases.

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