Social scientist Thorstein Veblen described early wealthy U.S.industrialists as engaging in __________-the continuous public display of one's wealth and status through purchases such as expensive houses,clothing,motor vehicles,and other consumer goods.

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Thorstein Veblen coined the term "conspicuous consumption" to describe the behavior of early wealthy U.S. industrialists who engaged in the continuous public display of their wealth and status through the purchase of expensive houses, clothing, motor vehicles, and other consumer goods.

Social Scientist Thorstein Veblen Described Early Wealthy U