The Great Recession has most likely resulted in a(n)________.
A) demand for private goods
B) increase in cultural pollution
C) decline in conspicuous spending
D) increase in modern materialism
E) desire for extravagant products

Question

Quizplus · Accepted Answer

The Great Recession resulted in a decline in conspicuous spending, which is spending money on luxury goods and services to display one's wealth and social status. People became more cautious with their spending and prioritized more practical expenses.

The Great Recession Has Most Likely Resulted in A(n)________