The display of wealth for social prestige is called _______________.

Question

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Conspicuous consumption is the display or expenditure of wealth done for the purpose of gaining social status or prestige. It involves purchasing expensive goods or services, often beyond one's needs, to showcase one's economic power and standing in society. The term was coined by Thorstein Veblen in his book "The Theory of the Leisure Class" (1899) to describe the behavior of the affluent in the United States.

The Display of Wealth for Social Prestige Is Called _______________