Question 26

Consumption for the sake of en­joying social acknowledgement is called:

Solution

Share

Conspicuous Consumption refers to the practice of buying and using goods and services primarily to display wealth, status, and social prestige to others rather than for their practical utility or genuine need.

Get AI Help

View More Questions From Business

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Free SSC Topicwise Questions

SSC Data InterpretationSSC GeometrySSC Linear EquationsSSC Number SystemsSSC Quadratic EquationsSSC TrigonometrySSC AgesSSC ArithmeticSSC Reading ComprehensionSSC VocabularySSC AnalogySSC Coding DecodingSSC DirectionsSSC Meaningful OrderSSC Number SeriesSSC PuzzlesSSC SyllogismsSSC Words FormationSSC Venn Diagram

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Enroll Now
Ask AI