Conspicuous consumption definition3/23/2023 ![]() While there are many types of high-end smartphones available in the market from major manufacturers, speciality smartphones were also produced strictly as luxury items that come with a gold case or diamond-studded body. It can be exemplified by buying goods which are designed almost exclusively with the intention of serving as symbols of wealth. Consumerism is a term arising from conspicuous consumption. This form of consumption is typically associated with the wealthy but can be extended to any economic class as well. ![]() Conspicuous consumption is a means of demonstrating one's social status, especially when the publicly displayed goods and services are too costly for other members of a person's class.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |