Question

What is meant by conspicuous consumption

Answer 1

Answer:

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conspicuous consumption is the purchase of goods for the specific purpose of displaying one's wealth.

Explanation:

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Answer 2

Consumption means using, buying or eating something. If we don't reduce our energy consumption, we will run out of fuel. Conspicuous consumption is buying something to show off. Consumption is related to the verb consume, which means to eat, use, or buy.