The 2,400 pairs of shoes owned by Imelda Marcos,wife of the late President Ferdinand Marcos of the Philippines,is an example of conspicuous consumption.

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The 2,400 pairs of shoes owned by Imelda Marcos are an example of conspicuous consumption, which refers to the lavish spending on goods and services for the purpose of displaying wealth and status.

The 2,400 Pairs of Shoes Owned by Imelda Marcos,wife of the Late