What is conspicuous consumption?
Avoiding consumption
Buying goods to publicly display wealth
Seeking out affordable goods
Buying only essential goods
Answer
Conspicuous consumption is the practice of buying goods or services to publicly display wealth. This behavior can be seen in a variety of settings, from the purchase of expensive cars and jewelry to the construction of lavish homes. While some people see conspicuous consumption as a sign of status and success, others view it as a form of wastefulness and ostentation.
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