Asked by Mahip Joshi on May 29, 2024
Verified
Conspicuous consumption refers to situations in which people ____.
A) buy things just so they can "show them off"
B) buy things that they cannot afford
C) buy things that they never end up using
D) buy things for other people
Conspicuous Consumption
The purchase and prominent display of luxury goods to provide evidence of a consumer’s ability to afford them.
- Grasp the concept of conspicuous consumption and its social implications.
Verified Answer
AM
Alana MarieJun 02, 2024
Final Answer :
A
Explanation :
Conspicuous consumption is the act of buying and using products to make a statement about social status, often involving purchasing expensive items to display wealth and success rather than out of genuine need.
Learning Objectives
- Grasp the concept of conspicuous consumption and its social implications.
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