Thorstein Veblen used the term to refer to the purchase of goods or services for the specific purpose of displaying one's wealth.

Name: Thorstein Veblen used the term to refer to the purchase of goods or services for the specific purpose of displaying one's wealth.
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The Answer of Thorstein Veblen used the term to refer to the purchase of goods or services for the specific purpose of displaying one's wealth.

Thorstein Veblen Used the Term to Refer to the Purchase