The meaning of CONSUMPTION is the act or process of consuming. How to use consumption in a sentence.

consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.

According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure — in particular, fixed investment, …

CONSUMPTION meaning: 1. the amount used or eaten: 2. the act of using, eating, or drinking something: 3. the situation…. Learn more.

Consumption means using, buying or eating something. If we don't reduce our energy consumption, we will run out of fuel. Conspicuous consumption is buying something to show off.

CONSUMPTION definition: the act of consuming, as by use, decay, or destruction. See examples of consumption used in a sentence.

Consumerism is a socio-cultural and economic phenomenon that is typical of industrialized societies. It is characterized by the continuous acquisition of goods and services in ever-increasing quantities. In …

The distinction between the flow of consumption as economists conceive it (including the services of durable goods owned by households) and consumption expenditure as measured in national income …

CONSUMPTION definition: 1. the amount used or eaten: 2. the act of using, eating, or drinking something: 3. the situation…. Learn more.

CONSUMPTION definition: 1. the amount of something that someone uses, eats, or drinks: 2. the act of using, eating, or…. Learn more.