babygirlulee babygirlulee

16-01-2018
Social Studies

contestada

Buying something in order to increase social status is known as _____ consumption.
A. Conspicuous
B. Emotional
C. Research
D. Wise

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littlemadhatter littlemadhatter

16-01-2018

process of elimination of c and d, which leaves a and b, favored more on b

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holesstanham holesstanham

21-11-2018

Answer: A. Conspicuous

Conspicuous consumption refers to the acquisition of luxurious goods in order to demonstrate wealth and status, rather than to cover a need. The term was introduced by the Norwegian-American economist and sociologist Thorstein Veblen in his book The Theory of the Leisure Class of 1899.

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