In sociology and in economics, the term conspicuous consumption describes and explains the consumer practice of buying and using goods of a higher quality, price, or in greater quantity than practical. [1]

2023年5月24日 · Conspicuous consumption refers to the extravagant or ostentatious display of wealth or luxury goods and services, primarily to signal one's social status and affluence to others. Individuals engage in such consumption to showcase their wealth and social standing.

Definition of Conspicuous Consumption ( noun ) The purchase of expensive luxury goods or services as a display of one’s wealth and status . Examples of Conspicuous Consumption

2023年4月12日 · Conspicuous consumption is where consumers purchases goods and services purely to highlight their wealth to others. According to Veblen, the main cause of conspicuous consumption is mainly the desire for peer recognition and higher social status.

2025年1月21日 · Conspicuous Consumption: Meaning, Reasons, Importance — Penpoin. What’s it: Conspicuous consumption refers to consumption expenditure not to maximize basic utility but to give others an impression. Long story short, people buy products because they want to show off their wealth and social status.

2024年12月28日 · What Is Conspicuous Consumption? The buying of goods or services to demonstrate one's affluence to the public, in general, is known as conspicuous consumption. It is a technique to show off one's social status, especially when the publicly displayed goods and services are out of reach for other members of one's class.

2024年7月10日 · Conspicuous consumption is a means to show one's social status, especially when publicly displayed goods and services are too expensive for other members of a person's class. This type of...

2023年11月21日 · Conspicuous consumption is an economic concept in which a consumer purchases goods that are more expensive than necessary for the purpose of showing off wealth. The term was coined by an...

conspicuous consumption, term in economics that describes and explains the practice by consumers of using goods of a higher quality or in greater quantity than might be considered necessary in practical terms.

What is Conspicuous Consumption? Conspicuous consumption is the act of displaying ostentatious wealth to gain status and reputation in society. The theory was first discussed by American economist and sociologist Thorstein Veblen in his book, “The Theory of the Leisure Class,” in 1899.