In 1899, the sociologist Thorstein Veblen coined the term conspicuous consumption to explain the spending of money on and the acquiring of luxury commodities (goods and services) specifically as a …

Dec 11, 2025 · Conspicuous consumption is a term coined by American economist and sociologist Thorstein Veblen. It refers to buying goods and services that make one's wealth or social status clear …

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 …

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 …

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.

Nov 15, 2025 · The meaning of CONSPICUOUS CONSUMPTION is lavish or wasteful spending thought to enhance social prestige. How to use conspicuous consumption in a sentence.

In this article, we’ll explore the different facets of conspicuous consumption, its underlying motivations, examples, pros and cons, and its effect on society.

Conspicuous Consumption - an overview | ScienceDirect Topics

Aug 24, 2023 · Conspicuous consumption is a socio-economic phenomenon characterized by the acquisition and display of luxury goods and services, primarily to signal wealth and social status or …

Mar 22, 2024 · Conspicuous consumption refers to the practice of purchasing goods or services for the sole purpose of displaying wealth or social status rather than to meet basic needs.