Planned Obsolescence

Planned obsolescence is a business strategy where products are designed to have a limited lifespan or become outdated quickly. This encourages consumers to replace them more frequently, boosting sales for manufacturers. Common examples include electronics that are difficult to repair or quickly outperformed by new models, and fashion items that go out of style. While it can drive innovation and economic growth, it also raises concerns about waste, environmental impact, and consumer rights, as people may feel pressured to continually purchase new products rather than holding onto the ones they already own.