Answer:
Conspicuous consumption
Explanation:
Conspicuous consumption is a term used to describe expenditures on goods and services purchased primarily for the purpose of showing wealth. In the mind of the conspicuous consumer, such display serves as a means of having or maintaining social status before a social group, which socially determines objects and goods, such as a classification of higher or lower status. An example of this can be seen in the question above, where the girl bought a very expensive purse just to show that she possessed something luxurious and give an impression of wealth.
Answer:
Mercantilism is intended to function as an economy by which a nation, such as England or Great Britain obtains colonies throughout the world.
Explanation:
Britain, in a mercantilistic economy, took raw materials and made them into finished products and then sold them back to the colonists
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