The relationship between production and consumption in the era of surplus economy is

The relationship between production and consumption in the era of surplus economy is consumption for production.

In the era of surplus economy, the relationship between production and consumption has undergone a series of changes, and society consumes for production. At this stage, in order to maximize profits, enterprises often overproduce, resulting in excess products. This has intensified market competition, and enterprises have cut prices and promoted sales, but the growth of consumer demand is limited, making it difficult to digest excess capacity.

In the era of surplus economy, consumers are faced with rich choices of goods and services, but the actual demand is growing slowly. Consumers have accelerated the upgrading of products, but the promotion of the concept of sustainable consumption has made consumers more rational and the demand increment is limited.

The contradiction between production and consumption in the era of surplus economy is manifested in the mismatch between industrial structure and consumption structure. On the one hand, overcapacity is concentrated in traditional industries, and emerging industries and service industries are underdeveloped; On the other hand, the diversification, individualization and environmental protection of consumer demand can not be met.

Characteristics of the era of surplus economy

1. Capacity adjustment and industrial upgrading: In order to solve the problem of overcapacity, enterprises need to carry out capacity adjustment and industrial upgrading. This includes eliminating backward production capacity, transforming and developing emerging industries, and improving product quality and innovation ability. At the same time, the government needs to increase investment in infrastructure, public services and other fields to create conditions for consumption upgrading.

2. Policies to stimulate consumption: In the era of surplus economy, the government needs to adopt a series of policies and measures to stimulate consumption to promote the growth of domestic demand. This includes improving the social security system, raising the income level of residents, optimizing the consumption environment and promoting green consumption.

3. Regional differences: the relationship between production and consumption in the era of surplus economy shows differences in different regions. Developed areas have high consumption levels and strong demand for high-quality and personalized products and services; However, the consumption level in underdeveloped areas is low, and improving consumption capacity has become a key constraint.