Product churn feeds conspicuous consumption through the forces of vagaries of technology and faction.

Question

Quizplus · Accepted Answer

Product churn refers to the constant turnover of technology products, and conspicuous consumption refers to the desire to display one's wealth through the acquisition of expensive or luxurious items. The forces behind product churn and faction (consumers' loyalty to certain brands or products) can drive conspicuous consumption.

Product Churn Feeds Conspicuous Consumption Through the Forces of Vagaries