Economy, asked by Anonymous, 6 months ago

what refers to those goods which are expensive and which are meant to display the wealth and power of person​

Answers

Answered by Vismaya123
3

Answer:

Here is your answer

Explanation:

Conspicuous consumption is the practice of purchasing goods or services to publicly display wealth rather than to cover basic needs. ... If we have to look at our society, there are many examples of conspicuous consumption. Designer clothes, expensive jewellery, luxury cars, etc.

If it helped Pls mark it as brainlist and rate the answer and give a thanks

Similar questions