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bulgar [2K]
3 years ago
10

Which concept did Thorsten Veblen come up with which refers to the outward display of consumption that demonstrates wealth and p

ower through the wasting of resources and the symbols of upper-class membership
Social Studies
1 answer:
Marat540 [252]3 years ago
5 0

Answer:

The correct answer to the following question will be "Conspicuous consumption".

Explanation:

  • Conspicuous or Apparent consumption is buying services again for a particular purpose of showing an individual's wealth as well as denotes exposure to a broad variety of luxury goods or essentials.
  • This appears to be a matter of displaying oneself social standing, particularly whenever the prominently visible goods are also too costly to several other representatives of such a category of an individual.

So that the above is the right answer.

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