how is consumption an economic activity?
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Consumption, in economics, the use of goods and services by households. ... Neoclassical (mainstream) economists generally consider consumption to be the final purpose of economic activity, and thus the level of consumption per person is viewed as a central measure of an economy's productive success.
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Consumption, in economics, the use of goods and services by households. ... Neoclassical (mainstream) economists generally considerconsumption to be the final purpose ofeconomic activity, and thus the level ofconsumption per person is viewed as a central measure of an economy'sproductive success.
gamingnishanth:
Hey Nandini!!!
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