Question
Naresh wants to show his friends his new financial status. He buys an expensive car and joins an elite country club. These purchases are examples of:
A.
conspicuous consumption.
B.
ascribed social standing.
C.
biological characteristics.
D.
gender differentiation.
A.
conspicuous consumption.
B.
ascribed social standing.
C.
biological characteristics.
D.
gender differentiation.
Answers
Answered by
GPT-4o mini
The purchases made by Naresh, such as buying an expensive car and joining an elite country club, are examples of:
**A. conspicuous consumption.**
Conspicuous consumption refers to the act of purchasing goods or services to publicly display wealth rather than to cover basic needs.
**A. conspicuous consumption.**
Conspicuous consumption refers to the act of purchasing goods or services to publicly display wealth rather than to cover basic needs.
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