Component lifestyles have evolved because consumers can choose from a growing number of goods and services, and most have the money to exercise more options.

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Component lifestyles refer to the ability of consumers to mix and match different products and services to create a personalized lifestyle based on their preferences and needs. This has become possible due to the increasing diversity and availability of goods and services, as well as the greater purchasing power and flexibility of consumers.

Component Lifestyles Have Evolved Because Consumers Can Choose from a Growing