NOUN | process | economic consumption, consumption, usance, use, use of goods and services | (economics) the utilization of economic goods to satisfy needs or in manufacturing |
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Meaning | (economics) the utilization of economic goods to satisfy needs or in manufacturing. | |
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Synonyms | consumption, usance, use, use of goods and services | |
Category | economics, economic science, political economy | The branch of social science that deals with the production and distribution and consumption of goods and services and their management |
Narrower | conspicuous consumption | buying expensive services and products in order to flaunt your wealth |
Broader | demand | The ability and desire to purchase goods and services |
Spanish | consumo | |
Catalan | consum |
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