Economist Thorstein Veblen argued that in the new industrial society,people earned their status by:

Name: Economist Thorstein Veblen argued that in the new industrial society,people earned their status by:
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Thorstein Veblen believed that in the new industrial society, people earned their status through conspicuous consumption, displaying their wealth through expensive and often unnecessary items. This was in contrast to previous societies where status was determined by conquest or other achievements.

Economist Thorstein Veblen Argued That in the New Industrial Society,people