Who wrote, People engage in conspicuous consumption?A) Thorstein VeblenB) Karl MarxC) Joseph SchumpeterD) Emile Durkheim

Question

Who wrote, People engage in conspicuous consumption?A)  Thorstein VeblenB)  Karl MarxC)  Joseph SchumpeterD)  Emile Durkheim

Catrina_ Effect · Accepted Answer

Final Answer : A, Explanation :  Thorstein Veblen wrote about conspicuous consumption in his book The Theory of the Leisure Class published in 1899. He coined the term to describe the behavior of the elite class who flaunted their wealth through lavish spending on luxury goods and services to signal their social status.

Who wrote, "People engage in conspicuous consumption?"

A) Thorstein Veblen
B) Karl Marx
C) Joseph Schumpeter
D) Emile Durkheim

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Learning Objectives

Related questions

Who wrote, "People engage in conspicuous consumption?"A) Thorstein VeblenB) Karl MarxC) Joseph SchumpeterD) Emile Durkheim

Definitions

Learning Objectives

Learning Objectives

Related questions

Who wrote, "People engage in conspicuous consumption?"

A) Thorstein Veblen
B) Karl Marx
C) Joseph Schumpeter
D) Emile Durkheim