What is the objective of conspicuous consumption?
A) To purchase and enjoy products that are needed
B) To identify oneself as a potential philanthropist for the needy
C) To display wealth and status as a social statement to others
D) To accumulate wealth that one's children will someday inherent
E) To acquire goods that will increase in value as a long-term investment

Question

Quizplus · Accepted Answer

The objective of conspicuous consumption is to display one's wealth and status as a social statement to others, often through the purchase of luxury goods and services that are not necessarily needed for practical purposes.

What Is the Objective of Conspicuous Consumption