<h2>Lets break this down, to what we know, and then we put it together and find the answer.</h2><h3>What we know:</h3>
Definition: Conspicuous consumption is the practice of purchasing goods or services to publicly display wealth rather than to cover basic needs. ... If we look at above examples we will find that conspicuous consumers often buy those goods & services which are too expensive for other classes of society (social status).
<h3>Put together:</h3>
Apple; Conspicuous consumption
<h3>Answer:</h3>
As an oligopoly, Apple has used its pricing power and product differentiation to target the more affluent consumer. Selecting higher prices and emotion stirring launches, Apple might be very aware of conspicuous consumption.
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Answer:
Ill do the to Karl Marx from Adam Smith
Explanation:
Dear Karl, why the heck are you such a stupid person?
Your plans don't even work in Theory.
Also, this is pointless because I died before you were even born
Adam Smith
Answer:
all property and money are controlled by the government and distributed evenly amongst its citizens.
Explanation:
First option is not correct as this economic inequality is totally opposite to Communist economic ideology.
Second option is correct as government is equally distributing wealth, and usually nationalize big companies and manors.
Third option is not correct as similar to first option it is based on inequality, which is not promoted by communism.
Last option is also not correct as free market is characteristic of communism.
You need to do an essay or something like that ? cause i really don't understand the question?
