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MA_775_DIABLO [31]
3 years ago
6

Buying something in order to increase social status is known as _____ consumption.

Social Studies
2 answers:
bearhunter [10]3 years ago
8 0
Process of elimination of c and d, which leaves a and b, favored more on b 
vichka [17]3 years ago
3 0

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 <em>The Theory of the Leisure Class </em>of 1899.

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