consumerism(noun): the theory that an increasing consumption of goods is economically desirable; also: a preoccupation with and an inclination toward the buying of consumer goods

https://www.merriam-webster.com/dictionary/consumerism

“The happiest and saddest place in New York, According to Twitter” Brian Merchant

“Times Square is the gleeful buzzing monument to American consumerism”

When I first encountered the word I knew that consumerism had something to do with money. when searching for this word I came to the understanding of the definition, I then realized the reason why they call “Times Square” a monument of consumerism because this is where the majority of funding occurs.